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As a contrast, prepare a thorough budget for the total revenue/cost as per the Management Accounting subject you are now studying and for which you

As a contrast, prepare a thorough budget for the total revenue/cost as per the Management Accounting subject you are now studying and for which you are completing this assignment. This can include a revenue line where your revenue can be assumed to be 20 percent higher than your costing.

Costing can be in terms of 10-15 different costs inspired by any annual report you deem comparable to an academic institution.

*Please use Excel, charts or any other graphical device (e.g. PowerPoints) you deem necessary for presenting your figures clearly. (25 marks)

Heres an example of how you can present the income statement:

Budget $$

Revenue

xxx

Income stream A

xxx

Income Stream B

xxx

Operating Expenses

Cost A

xx

Cost B

xx

Cost C

xx

(Use as many categories as you deem necessary)

Operating income

x

Other income/Expenses

Cost d

x

cost e

x

x

Net Income

x

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