MBBC2083

BUSINESS MATHEMATICS

SUBMITTED TO:
MADAM SAFURA BINTI AHMAD SABRI

GROUP ASSIGNMENT:
MOCK BUSINESS REPORT
(QIZZ’S FROZEN)

PREPARED BY:
LUQMAN AL HAKIM BIN ROSLI (23BB03002)
MUHAMMAD HAZIQ BIN PESOL (23BB03003)
AHMAD AIDIL AFFIQ BIN AHMAD ZAIRUL (23BB03004)

SESSION II, 2023/2024

FOUNDER
MR. LUQMAN AL HAKIM ROSLI

MANAGER
MR. HAZIQ PESOL

FINANCIAL MANAGER
MR. AIDIL AFFIQ AHMAD ZAIRUL
 Our Logo

Our Mision
to serve delicious, easy-to-prepare
and long-lasting food

Our Vision
to be a leading company in the frozen
food manufacturing industry

Our Purpose
to provide halal, quality and clean frozen food
 Product Specification

Potato Wedges Chicken Nugget Currypuff

TATO CKEN FF
PO GES CHI GETS RRYPU
WED NUG CU

Product details Product details Product details

Price : RM13.00 Price : RM18.00 Price : RM15.00

Ingridients : Ingridients : Ingridients :

- Potato - Chicken Meat - Curry Powder

- Vegetable Oil - Soy Protein - Ground Beef
- White Flour - Vegetable Fat - Rice Flour
- Chili Powder - Wheat Flour - Wheat Flour
- Paprika - Corn Flour - Baking Powder
- Spices - Spices - Spices
- Salt - Salt - Salt
- Black pepper - Tempura
- Milk More Details
More Details
More Details 1 pack x 30 pieces
1 pack x 24 pieces
1 pack x 25 pieces NET WEIGHT : 950g
NET WEIGHT : 1KG
NET WEIGHT : 1KG
1.2 Report

a) Estimate your company’s sales by reporting clearly the cost price per unit, selling price per
unit, total units sold for each item and total sales for the period of one (1) month.

b) Assume the operating expenses of running your business is 10% of the cost. By referring to

your estimation in (a), find the:

i. Percentage of markup based on cost for each of your product.

1) Curry puff

M% = 3/12 x 100

M% = 25%

2) Wedges

M% = 2/11 x 100

M% = 18.18%

3) Chicken Nugget

M% = 3/15 x 100

M% = 20%
ii. Percentage of markup based on selling price for each of your product.

1) Curry puff

M% = 3/15 x 100

M% = 20%

2) Wedges

M% = 2/13 x 100

M% = 15.38%

3) Chicken Nugget

M% = 3/18 x 100

M% = 16.67%

iii. Breakeven price for each of your product.

1) Curry puff

OE = 0.1 x 12

OE = 1.2

BE = 12 + 1.2

BE = RM13.20

2) Wedges

OE = 0.1 x 11

OE = 1.1

BE = 11 + 1.1

BE = RM12.10

3) Chicken Nugget

OE = 0.1 x 15

OE = 1.5

BE = 15 + 1.5

BE = RM16.50
iv. Maximum percentage of markdown for each of your product that can be offered without

incurring any loss.

1) Curry puff

MAXMD% = 15 – 13.2/15 x 100

MAXMD% = 12%

2) Wedges

MAXMD% = 13 – 12.1/13 x 100

MAXMD% = 7%

3) Chicken Nugget

MAXMD% =18 –16.5/18 x 100

MAXMD% = 8.3%

v. estimated total gross profit for one month.

GP = 9,510 – 7,920

GP= RM1,590

vi. total operating expenses for one month.

OE = 0.1 x 7,920

OE = RM792

vii. estimated total net profit for one month.

NP = RM1,590 - RM792

NP = RM798
c) List down the possible overhead(s) that is related to your business.

- Utilities bill

- Commission for retailer

d) If your company plans to launch the new item/design/flavor in the next month, what should

you do with the old stocks of your products? Explain your plan in details.

1)Well-thought-out pricing and promotions:

To increase sales of the current items, implement effective pricing and promotional

campaigns. Take notice of offers, discounts, or loyalty plans to encourage consumers to buy

the current stock.

2)Interaction with Distributors and Retailers:

Effectively inform distributors and retailers about the impending product launch. Offer them

incentives, such special discounts or longer payment terms, to encourage them to market and

sell the current supply.

3)Customer communication:

Notify customers when the new product, style, or flavour will be available. Emphasise the

special qualities and advantages to build excitement. During the changeover, make sure to

give clear information about the items that are currently available.
Thank you