Analyze the accounting for support department costs and allocations, including cost behavior and relationships, various cost models, budget creation, and managerial reports.
Using the Excel file provided, you will create a budget for a continuing medical education (CME) event hosted by a hospital. As the organizer for this event, you must prepare the budget. Using all of the items provided in the document, format an event budget that reflects income, expenses, and total profit or loss for the event.