Create an operating budget for next year based on the information given.

Calculation of Standard Design Labour and Overhead Burden Projected Overhead Costs Full Year Electricity-classroom $ 15,000 Supplies- Shop 3,000 Rent-Facility 95,000 Amortization- Instructional vehicles 62,500 Amortization- Equipment & Tools 13,000 Supervisors- 85,000 Property taxes 10,000 Total Overhead costs A $ 283,500 Expected # of courses full year B 10 (including both standard and custom courses) Standard Overhead Burden to be applied to 28,350 each course Twyla's Notes Overhead Electricity Supplies Rent Amortization Vehicles Amortization Equipment Supervisors Property taxes Factors that cause cost to change # of students # of courses # of weeks # of students # of students # of courses # of weeks It is expected during the full year that the following will occur: # of students # of courses # of weeks of courses 218 10 58 Expected Sales Heavy Duty Mechanics Course 2 Semesters for the year 3 Courses offered each semester Maximum enrolment 32 students Expected capacity 94% Tuition $5,000 per student Customized Courses 15 Courses 15 Students per course Course Fee $110,000 per course Each course is 5 weeks In order to achieve these goals I request that the Marketing department spend $350,000 on print, television and radio advertising as well as increase the sales commission rate from 4% to 6% of revenue