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4. Develop Master Budget for University's product lines such as BBA-Marketing, Accounting, Management, Economics, Finance. BA-Arts MBA-Marketing, Finance Ph. D.- Business Administration You are

4. Develop Master Budget for University's product lines such as BBA-Marketing, Accounting, Management, Economics, Finance. BA-Arts MBA-Marketing, Finance Ph. D.- Business Administration You are required to prepare the following budgets for 2017 of Siam Illusion International University : 1. Revenue and other revenues Budget-tri-semester and annually for 2017 by product lines in units (students) and amount namely BBA; BA; MBA; Ph.D. and Total. 2. Operating expenses Budget - list of selling expenses and administrative expenses, not lesser than 20 items, in tri-semester and annually for 2017. Identify all essential cost objects of Siam Illusion International University. List and classify all expenses into fixed- traceable fixed costs and common fixed costs, variable, direct (controllable), indirect (non-controllable) and other relevant costs items that are necessary for preparing Master Budgets. 3. Income Statement Traditional Approach tri-semester and annually for 2017. 4. Segmented Income Statement contribution margin budget for 2017 namely BBA; BA; MBA; Ph.D. and Total. All product lines must be expressed in amount and in percentage. 5. Annual Statement of Financial Position (Balance Sheet) Budget for 2017. 6. Capital Expenditure budget- tri-semester and annually for 2017. 7. Cash Budget-tri-semester and annually for 2017. 5. SIIU has requested you to calculate the following: a. Breakeven in units and in amount. b. Margin of safety in percentage. c. Degree of operating leverage.

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1Revenue and Other Revenues Budget The revenue and other revenues budget for Siam Illusion International University for 2017 is as follows Product LineNumber of Students UnitsPrice per UnitTotal Reven... blur-text-image

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