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  • Line Item Budget

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    The document summarizes the revenue and expenses of West Coast Elite fitness facility. It earns $21,000 in revenue primarily from membership fees for various exercise programs. Expenses include $32,950 in payroll for full-time and part-time employees. Other expenses are $16,262 for items like utilities, supplies, and maintenance. To reduce the deficit, a 10% cut is proposed which would reduce expenses by $18,120 through cuts to salaries and certain line items.

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    The document summarizes the revenue and expenses of West Coast Elite fitness facility. It earns $21,000 in revenue primarily from membership fees for various exercise programs. Expenses include $32,950 in payroll for full-time and part-time employees. Other expenses are $16,262 for items like utilities, supplies, and maintenance. To reduce the deficit, a 10% cut is proposed which would reduce expenses by $18,120 through cuts to salaries and certain line items.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    65 views7 pages

    Line Item Budget

    Uploaded by

    api-348246900
    The document summarizes the revenue and expenses of West Coast Elite fitness facility. It earns $21,000 in revenue primarily from membership fees for various exercise programs. Expenses include $32,950 in payroll for full-time and part-time employees. Other expenses are $16,262 for items like utilities, supplies, and maintenance. To reduce the deficit, a 10% cut is proposed which would reduce expenses by $18,120 through cuts to salaries and certain line items.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 7

    Description

    Revenue
    Programs
    Aerobics low impact 29 Per member 30 members 870
    Boxareobics challenge 24 Per member 30 members 720
    Hatha Yoga Min/ Body fitne 45 Per member 30 members 1,350
    Morning walk 0 Per member 30 members 0
    Step Aerobics 29 Per member 30 members 870
    Camp fee 600 Per member 30 members 18,000
    Total Revenue $21,000

    Expenses
    Pay roll - Full time
    President of Facility 7,000
    Vice President/ Athletic Dir 6,500
    Head Coach 6,200
    Director of Finance 6,000
    Grounds Crew 2,750

    Total Fulltime employees 28,450

    Pay roll - Parttime


    Athletic trainer 3,000
    Cheff 1,500

    Total Parttime employee $4,500


    Total employee Payroll $32,950

    Employee Beneifts
    Health insurance 321
    Social Security and medica 1,180
    Retirement plan 600
    Unemployement comp 147
    Office supplies 200
    Travel expenses 200
    training and education 300
    football equipment 2,000

    Utilities for the Facility


    Telephone 180
    heating fuel 300
    electricity 200
    building supplies 4,000
    gas oil 800
    rent 3,100
    water test 30
    field maitenance 2,000
    apperal 500
    Health insurance 321
    Property Insurance 83

    Total Expenses $16,262


    Total Revenues $21,000
    Description West Coast Elite
    Revenue
    Programs
    Aerobics low impact 29 per member 30 members 870
    Boxareobics challenge 24 per member 30 members 720
    Hatha Yoga Min/ Body fitne 45 per member 30 members 1,350
    Morning walk 0 per member 30 members 0
    Step Aerobics 29 per member 30 members 870
    Camp Fee 600 per member 30 members 18,000
    Total Revenue $21,000

    Expenses
    Pay roll - Full time
    President of Facility 7,000 5,500 cut 1500
    Vice President/ Athletic Dir 6,500 5,000 cut 1500
    Head Coach 6,200 4,000 cut 2,200
    Director of Finance 6,000 4,000 cut 2,000
    Grounds Crew 2,750

    Total Fulltime employees $28,450

    Pay roll - Parttime


    Athletic trainer 3,000 2,500 cut 500
    Cheff 1,500 1,300 cut 200

    Total Parttime employee $4,500


    Total employee Payroll $32,950

    Employee Beneifts
    Health insurance 321
    Social Security and medica 1,180
    Retirement plan 600
    Unemployement comp 147
    Office supplies 200
    Travel expenses 200 150 cut 50
    training and education 300
    football equipment 2,000 1,500 cut 500

    Utilities for the Facility


    Telephone 180
    heating fuel 300
    electricity 200
    building supplies 4,000 2,000 cut 2,000
    gas oil 800 400 cut 2,000
    rent 3,100
    water test 30
    field maitenance 2,000
    apperal 500
    Health insurance 321
    Property Insurance 83
    Total Expenses $16,262
    Total Revenues $21,000
    10% Cut $18,000
    Total cut $18,120
    Items thar are experinecing a cut are highlighted in light blue
    18 per membe
    cut 540
    18 per memeb
    cut 540
    20 per membe
    cut by 1,050

    18 per membe
    cut 540
    500 per memb
    cut by 3000
    John Deer tractors $700
    Gym Equipment 250,000
    Benches
    racks
    weights
    treadmills
    2 football fields 547,200
    outdoor 400 meter track 1,000,000
    40 acres 120,800
    buildings 6 million

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