Item REVENUES Ticket sales Concessions Tuition fees Donations Corporate underwriters Gala ticket, silent auction revenue Interest Participation fees TOTAL REVENUES EXPENDITURES Artistic Director Rent Utilities Advertising Facilities/maintenance Supplies Royalty fees Production expenses Box Office Concessions Fundraising Capital purchases Bank/charge expenses Class instruction payment to Artistic Director Class expenses Reduce debt TOTAL EXPENDITURES Budgeted 2001 $36,000 $8,500 $6,750 $22,000 $12,000 $6,000 $50 $1,700 $93,000 $26,000 $14,000 $6,500 $3,000 $1,200 $1,200 $10,200 $12,000 $850 $4,000 $3,000 $4,000 $300 $5,500 $1,250 $0 $93,000 Actual 2001 $32,400 $6,480 $0 $29,000 $6,000 $2,900 $20 $1,500 $78,300 $26,000 $14,000 $7,400 $3,800 $3,500 $1,400 $8,600 $7,000 $300 $3,500 $2,000 $1,600 $100 $0 $0 $0 $79,200 Proposed 2002 $33,100 $7,000 $0 $30,500 $8,000 $3,000 $0 $1,500 $83,100 $26,000 $14,000 $8,000 $4,000 $4,000 $1,600 $9,000 $8,000 $300 $3,500 $2,100 $0 $100 $0 $0 $2,500 $83,100
Item REVENUES Ticket sales Concessions Tuition fees Donations Corporate underwriters Gala ticket, silent auction revenue Interest Participation fees TOTAL REVENUES EXPENDITURES Artistic Director Rent Utilities Advertising Facilities/maintenance Supplies Royalty fees Production expenses Box Office Concessions Fundraising Capital purchases Bank/charge expenses Class instruction payment to Artistic Director Class expenses Reduce debt TOTAL EXPENDITURES Budgeted 2001 $36,000 $8,500 $6,750 $22,000 $12,000 $6,000 $50 $1,700 $93,000 $26,000 $14,000 $6,500 $3,000 $1,200 $1,200 $10,200 $12,000 $850 $4,000 $3,000 $4,000 $300 $5,500 $1,250 $0 $93,000 Actual 2001 $32,400 $6,480 $0 $29,000 $6,000 $2,900 $20 $1,500 $78,300 $26,000 $14,000 $7,400 $3,800 $3,500 $1,400 $8,600 $7,000 $300 $3,500 $2,000 $1,600 $100 $0 $0 $0 $79,200 Proposed 2002 $33,100 $7,000 $0 $30,500 $8,000 $3,000 $0 $1,500 $83,100 $26,000 $14,000 $8,000 $4,000 $4,000 $1,600 $9,000 $8,000 $300 $3,500 $2,100 $0 $100 $0 $0 $2,500 $83,100
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 2EB: For the following descriptions, state whether the cost is controllable or uncontrollable by...
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The template spreadsheet includes the Theater’s proposed budget (formatted as it appears in the case). Revise this document in two ways.
1. Revise so the budget is professionally formatted.
2. Include new columns that help communicate the changes in the proposed budget.
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