Friday, 14 May 2010

Budget Appraisal

At the end of our production we were under budget and the final sum came to £3,792.98.
Originally we were under budget as the total was £4315.04 which is £684.96 under budget.
When it came to shooting we had a meeting to discuss budget and concluded in using less locations and less actors which meant we had to decrease the budget.


Location Costs
Pub= £100 + catering for 5 people= £90 + Transport= £40
Final cost= £230
Reduced
£76 - Location changed to park

Transport and catering
2 actors instead of 5 plus band x3
Original amount- £550.08

Cast Costs
Reduced
Principle artists- £5.73 x 8 hours (1 day)= 45.84 x 2 actors= Total= £91.68
Band- £5.73 x 8 hours (1 day)= 45.84 x 3
Band members =
Total= £137.52
£137.52 + £91.68
Final Total= £229.20

Final production cost after 10% contingency mark-up= £3,792.98(1,207.02 under budget)

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