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- One-year subscriptions to Worldwide Auditor were anticipated to be 8,000 units. - Advertising revenue was budgeted at $450,000. Each magazine was budgeted at a
- One-year subscriptions to Worldwide Auditor were anticipated to be 8,000 units. - Advertising revenue was budgeted at $450,000. Each magazine was budgeted at a cost of $48. - A total of 25,000 technical reports were anticipated at an average price of $100 with average costs of $36. - The organization began the year with net capital assets of $84,100,000 with a planned cost of capital of 6 percent. Additional information (ACTUAL): - A total of 30,000 technical reports was sold by the Books and Reports Department at an average unit selling price of $110. Average costs per publication were $36. person. - General and administrative expenses include all other costs incurred by the corporate staff to operate the association. - The organization has net capital assets of $87,230,000 and had an actual cost of capital of 6 percent. Required Notes: - Include all zeros with figures. For example, Planned Total Revenues for $54,436 (thousand) is entered as $54,436,000. - Do not use negative signs with any of your answers
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