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question is Esmate the impact on sales revenue and operang profit resulng from the planned change in membership fee structure for the upcoming membership year (October 2023 to September 2024) and compare it with the financials of current year (October 2022 to September 2023). State any assumpons that you need to make.?

first calculate sales revenue and operang profit resulngfor (October 2022 to September 2023) then calculate sales revenue and operang profit resulngfor(October 2023 to September 2024) note(promot price for induvidual ia 1000 and student is 1000 )

ForOptimistic scenario Pessimistic scenario .

Number of new member enrolments each month from October 2023 to March 2024 that mean people who enrol in October for example family will pay full amount (2400) because thay enroll for full year and people who enrol in November will pay less because he is not bay full amount he pay for what they pay is (2400/12montha)=200 what they pay is 2400-200=2200

And so one for all student , individual , family Optimistic scenario Pessimistic scenario.

So we need to calculate for each months.

terms. A special promotional campaign is planned during September 2023 to attract new members and to encourage current members to remain with the club. A discounted annual membership fees was offered durine the peomotional campaign as follows: Individual membership: $1,000 and family membership: $2,000. The management of Brisbane Badminton Club came up with two sets of estimates (Optimistic and pessimistic scenarios\} in terms of membership enrelments for the upcoming year commencine October 2023. The management estimates that even though not all current members will contimue with the club under the new membership terms and pricing, the loss of members would be offset by new members joining the club within the first sa months of introducing the new membership terms and pricing. The new members joining each month during October 2023 to March 2024 would pay a proportional amount of the annual membership fees on joinine. Management estimates that adequate facilities would be avalable for all members under the new plan. The budgeted expenses for the club for the current year and upcoming year You are a consulting management accountant of Brisbune Badminton Club. You are required to evaluate the impact of club's proposed membenhip pricing on the budget for the upcoming membership year (Dctober 2023 to September 2024). The Cub wants to evaluate the new membership plan and fees pricing structure before it decides to accept or reject it. Prepare a PowerPoint presentation to the Club's Chief Execubve detailing the following issues: (1) Identify the key factors that Brisbane Badiminton Cub should consider in evaluating and budgeting for this proposed membership pricine. [1 Mark] 2 (2) How will the club's new membership plan and pricine structure improve its ability to plan its revenues and costs? Explain your answer. [1 Mark] (3) Estimate the impact on sales revenue and operating profit resuiting from the planned change in membership fee structure for the upcoming membership year (October 2023 to September 2024) and compare it with the financials of current vear (October 2022 to September 2023]. 5tate any assiumptions that you need to make. [8 Marks] [1+1+8+5 marks for written communication = 15 Marks ]

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