Note: there are 10 seats per table

Creating a Master Budget for a Cambodian Fundrasing by College students 3 Cambodian college students have come up with a plan to raise money helping the Hospital in Cambodia through Hope World Wide organization. Since Lowell is the seconde largest Cambodian community in the country they decided to host the event At Sampao Meas Resturant in Lowell, MA. The resturant requires some deposit upfront and the rest of the fee will be at the end of the day on the event date. The resturant will charge by the table which include any 4 meals on their menu, soda, ice and untensils. The Restaurant will pay for the band fee if they have more than 25 tables In order to make money withing the next 3 months the students came up with the idea of ticket selling price stratergies. the resturant also offer the service with printing the event ticket with $0.45 per ticket. they borrowed $1,000 from the parents for the upfront fee and expect to pay back on the day after the event. deposit Fee per table Live band ticket fee at the door ticket upfront Decoration $500 $180 $1,000 30 $25 $500 a. Prepare a sales budget. Budget to be sold for each month: June July August on the day of the event, tickets were sold at the door 30 tickets 90 100 120 b. Prepare Direct material Purchase budget (all one budget) c. Ending invento d. Cash budget e. Pro Forma Income statement