Wednesday 28 December 2011

Budgeting

Following is the budget until the realisation of the First Article.


**CONTINGENCY COST IMPORTANT!!!!

In order to calculate the Return of Investment (ROI), costs such as raw material, overhead, labour, machine, packaging, marketing and etc need to be taken into consideration.

The formula used for ROI: (Gain from investment - Cost of investment) / Cost of investment

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