BSBPMG430 ASSESSMENT 2 – BUDGET PLAN

Budget allocated for 4-week project in TOTAL: $75000.00

*You are required to list the items under each subheading that is required to be allocated*

Do this weekly as it will CHANGE – do not put the same items across every week.

Week 1:

Item Quantity Amount/per: $ Subtotal $ Total: $

Opening balance: $75000.00
Wages: 13500
Staff wages 3 4400 13200
Transaction fees 3 100 300

Administration: 1000
Admin, Payroll 1 800
Taxes 1 200
Equipment: 2000
Mixers 1 1200 1200
Excavators 1 800 800

Contractors: 1800
Plumbers 3 600 1800

Miscellaneous: 200
Snacks for Lunch 1 200 200

Closing Balance: $56,500

1
 BSBPMG430 ASSESSMENT 2 – BUDGET PLAN
WEEK 2: Carry Over your closing balance from week 1 to the opening balance
of week 2

Item Quantity Amount/per: $ Subtotal $ Total: $

Opening balance: $56500
Wages: 13500

Administration: 1000
Payrol 750
Taxes 250
Equipment: 1800

Bob cat 1 1000 1000

forklift 1 800 800

Contractors: 2000
Electricians 2 1000 2000

Miscellaneous: 200
Refreshments 10 20 200

Closing Balance: $38000

2
 BSBPMG430 ASSESSMENT 2 – BUDGET PLAN
WEEK 3: Carry Over your closing balance from week 2 to the opening balance
of week 3

Item Quantity Amount/per: $ Subtotal $ Total: $

Opening balance: $38000
Wages: 13500

Administration: 1000

Equipment: 2000
Forklift 800 800
Cutting tools 2 300 600
Drills 1 300
Finishing tools 1 300

Contractors: 1800
Carpenter 2 900 1800

Miscellaneous: 200
Lunch & Drinks

Closing Balance: $18500

3
 BSBPMG430 ASSESSMENT 2 – BUDGET PLAN
WEEK 4: Carry Over your closing balance from week 3 to the opening balance
of week 4
THIS IS YOUR FINAL PROJECTED WEEK FOR THE BUDGET.

ENSURE YOU ARE ON TRACK AND NOT OVER BUDGET. IF YOU ARE, THEN ADDRRESS IT WITH
APPROPRIATE NOTATIONS (bottom of table) ON WHAT HAS BEEN AMENDED TO REMAIN WITHIN
BUDGET.

Item Quantity Amount/per: $ Subtotal $ Total: $

Opening balance: $19,500
Wages: 13500

Administration: 1500

Equipment: 1500
Tiling machinery 1 700
Forklift 1 800

Contractors: 2000
Tilers 2 800 1600
Spotter 1 400 400

Miscellaneous: 200
Refreshments

Closing Balance: 800

Notations for Budget reporting/corrections: