4. Develop Master Budget for University's product lines such as BBA-Marketing, Accounting, Management, Economics, Finance. BA-Arts...

Transcribed Image Text:

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. 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.

Answer rating: 100% (QA)

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... View the full answer