The question is to prepare a cost balance sheet. (cost driver = FTEs)

Quartley Budget Cost Data	Q1	Q2
FTEs	25	28
Revenue	$64,042.00	$71,358.00
Expenses:
HQ Assesments	14936	14398
Deprication	501	501
Food & Catering	1044	471
Licensce &Permits	20	124
Insurance	1227	1230
Maintenance & Repair	2251	1957
Office Supplies	441	446
Personnel	26782	26440
Property Tax	1790	1983
Rent	14664	14664
School Expense	198	213
Taxes	640	702
Telephone	1373	789
Training	100	0
Utilities	1765	3175
Total Expense	$67,732.00	$67,093.00
Net Income (Loss)	$(3,690.00)	$4,265.00