The following items reflect income and expenses associated with a continuing medical education (CME) event hosted by a hospital. As the organizer for this event, you must prepare the budget. Using all of the items provided, format an event budget that reflects income, expenses, and total profit or loss for the event.
Income or Expense Category	Projected	Actual	Variance	Description/Comments
Plico CME grant	$ 500.00	$ 500.00	$ -
Email content	$ 200.00	$ 200.00	$ -	Design fee
Speaker #2	$ 40.00	$ 40.00	$ -	Per Diem
Postage, bulk mail charge	$ 75.00	$ 75.00	$ -	$0.50 per item for 150 brochures
Brochure printing	$ 300.00	$ 300.00	$ -	$2 per item for 150 brochures
Registration fees received @ $150 each	$ 15,000.00	$13,800.00	$(1,200.00)	Projected 100 participants, Actual 92 participants
Registration Supplies	$ 45.00	$ 60.00	$ (15.00)
Posters/event signage	$ 100.00	$ 100.00	$ -	$25 per item for 4 posters
Meeting room charge	$ 200.00	$ 200.00	$ -
Audiovisual charge	$ 250.00	$ 250.00	$ -	IT staff on site
Speaker #1	$ 500.00	$ 500.00	$ -	Flight
Speaker #2	$ 500.00	$ 500.00	$ -	Flight
Meals for attendees	$ 750.00	$ 500.00	$ 250.00	Quote for 150, final order for 100
Speaker #1	$ 40.00	$ 40.00	$ -	Per Diem
Speaker #1	$ 160.00	$ 160.00	$ -	Hotel 1 night
Speaker #2	$ 160.00	$ 160.00	$ -	Hotel 1 night
CME Admin Fee	$ 1,500.00	$ 1,380.00	$ 120.00	$15 per participant, projected 100, actual 92. Payable to American Medical Association.