Need help on this project. I have started the budget but I'm not sure I'm on the right track. Scope of assignment is attached.

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Need help on this project. I have started the budget but I'm not sure I'm on the right track. Scope of assignment is attached.





Answered Same DayAug 02, 2022

Answer To: Need help on this project. I have started the budget but I'm not sure I'm on the right track. Scope...

Rochak answered on Aug 03 2022
18 Votes
Sheet1
    Yoga Studio
Income Statement
For Years Ended December 31
    Particulars    2022    2023
    Revenu
es:
    Annual membership fees    $300,000    $355,000
    Lesson and class fees    $180,000    $234,000
    Miscallaneous    $1,500    $2,000
    Total Revenues    $481,500    $591,000
    Expenses:
    Manager's salary and benefits    $36,000    $36,000
    Regular employees' wages and benefits    $190,000    $190,000
    Lesson and class employees' wages and benefits    $150,000    $195,000
    Towels and...
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