# hsm 260 due asap ,tonight

Axia College Material

Appendix 1 â€“ For Final

Phoenix STS Transportation Expenses

 Expense Category West Valley Central Phoenix East Valley Totals Salaries \$39,000 \$117,000 \$39,000 \$195,000 Fringe Benefits 6,240 18,720 6,240 31,200 Rent 3,000 9,000 3,000 15,000 Utilities 540 1,620 540 2,700 Telephone 600 1,800 600 3,000 Supplies 500 1,500 500 2,500 Vehicle Maintenance 5,200 15,600 5,200 26,000 Vehicle Depreciation 9,600 28,800 9,600 48,000 Other 4,100 12,300 4,100 20,500 Management 16,200 48,600 16,200 81,000 Fund Raising 8,400 25,200 8,400 42,000 Totals 93,380 280,140 93,380 466,900 Revenue Category Grant Income \$ 320,000 \$ 530,800 \$  220,000 1,070,800 Customer Fees 12,000 30,000 9,000 51,000 Other 89,000 110,006 87,000 286,006 Interest 1,500 2,200 1,500 5,200 Totals 422,500 673,006 317,500 1,413,006

For Fiscal Year 2008 by Region

Part I.

Calculate the following: Current ratio; long-term solvency ratio; contribution ratio; programs/ expense ratio; revenue and expense ratio for the three regions.

Provide a 200- to 300-word explanation of the importance of these ratios for all three regions listed above.  Include a statement of which region appears to be most financially solvent.

Part II.

Determine BEP, variable costs and fixed costs using the traditional BEP formula: PX=A + Bx

1:  From this expense sheet select one of the regions to calculate.

2.  What are the fixed costs?  What are the variable costs?

3.  Information to know: riders pay \$20 per round trip ride for transportation service

4.  In this exercise, the variable cost per unit (the â€œBxâ€ in the equation) will have to be determined.  About 5000 riders per year participate in this program.  Once the variable costs are determined from the worksheet, divide that number by the number of riders.

5.  How many riders will be necessary for that area of the Phoenix STS Transport Co. to break even?

REMEMBER:  SHOW ALL OF THE WORK!  ALL OF THE NUMBERS, TOTALS AND CALCULATIONS MUST BE SHOWN TO GET FULL CREDIT.  ANSWER EACH OF THE FIVE STEPS ABOVE.

Part III

Create a fund develop strategy plan for the Phoenix Agency using several of the fund raising approaches described in the textbook.

Â·         Begin by developing the leadership hierarchy (Executive Director, Administration and Board of Directors).

Â·         Would United Way Membership be sought?  What needs to be accomplished for United Way membership?

Â·         Describe, in great detail, what activities, events,  approaches your plan would involve.  How many people will be involved?  How will it be publicized?  What are the fundraising expenses (using the fund-raising/expense ratio)?  If the agency participates in special events, how much will the tickets cost?  Use the BEP calculations to determine BEP and ticket prices.