a produce products x y z sold to uk, china and japan. recently, a company aware of a supplier of these products in india, they are considering manufacture all the products themselves, or buy in some, or all of them, from the supplier. the projected sales and cost information are shown below: product x y z sales volume 500 600 650 sales price per unit (£) 75 80 82 material a kg per unit 4 2 3 material a price (£) 5 5 5 material b kg per unit 5 3 4 material b price (£) 4 4 4 labour hours 3 5 5 labour rate (£) 6 6 6 variable overhead per unit (£) 7 6 5 direct expenses (£) 750 880 680 supplier price per unit (£) 70 65 62 total fixed overheads for the business £15000 required: (a) calculate the current total budgeted profit for the business, showing clearly the total variable cost, total marginal cost, total contribution, current variable cost per unit and the current marginal cost per unit for each product. state your advice to the management of a company as to whether they should make or buy each product under the current cost structure. (b) if the volume of material purchases falls below a certain level, price of materials will increase, as follows: if quantity of material a falls below 4000 kg: 5% increase in price if quantity of material b falls below 5000 kg: 2% increase in price recalculate the total budgeted profit for the business under the make or buy recommendation you gave in part (a), amending the material costs where necessary. (c) the management are considering an alternative option, lowering the sales price for all customers and increasing the volume of sales: x y z sales volume split: internal 120 150 180 sales volume split: china 180 200 280 sales volume split: japan 200 250 190 500 600 650 volume increase %: internal 0% 0% 0% volume increase %: china 10% 10% 10% volume increase %: japan 12% 12% 12% price fall: internal 0% 0% 0% price fall: china 5% 5% 5% price fall: japan 3% 3% 3% (i) calculate the revised sales volume and revenu

Ido not understand this project overview agricultural commodities are bought and sold through the stock exchange. the price of commodities changes all the time. investors buy many agricultural commodities before they are ready for shipping. when an investor buys an agricultural commodity that is going to be ready in the future, they call this purchasing futures. this might be a future crop, meat that has not yet been processed, or another type of agricultural commodity. for this project, you will have to decide how to spend $10,000. research the new york stock exchange. find one or more agricultural commodities that you are interested in. remember, it may be listed as a future crop. instructions identify the agricultural commodities that you think have the best chance of going up in price. think about what is going on with supply and demand. decide how you will spend your money. you may purchase only agricultural commodities. check the market every day for a week. record the price of your commodity or commodities each day. you may buy or sell your commodities at any time during the week. you may sell your commodities and buy different ones. feel free to experiment with the $10,000 by buying and selling commodities, but make sure to keep a careful record of your activities. at the end of the week, you will write a report on your investments. this report should be structured to include this information: page 1: explain how the stock market works. page 2: list all commodities purchased. describe each in detail. discuss why you selected these commodities. remember, they must be agricultural. page 3: create a chart or graph to illustrate the price of your commodity or commodities over the week’s time. list all of your activity buying and selling. make sure you include prices and details. page 4: write a summary of your experience. describe what you might do differently if you were using actual money. propose potential reasons why the price of each commodity may go up or down.