Wednesday 3 April 2013

Budget report


Callum and I decided from the very beginning that we would put everything into the final shooting of our film. As a result we spent hours talking to people, either on the phone or in person, to acquire the perfect locations. We also spent money on this film to make the film as professionally as we could. 
Previously, every film we have made has been 100% free, so because we spent money on our film, for the first time, we had a budget which was previous an aspect of the media industry which was not applicable with films Callum and I have produced.

We decided our budget would be £10

Callum (as expenses manager) gave me the figures so I could write up a budget report.

Things we spent the money on:

  • Wedding decorations - balloons, confetti, and streamers
  • banqueting roll - to make a white carpet for the wedding
  • food for the restaurant date scene
  • Tiara
In the rough cut we wanted to get an idea for how we would set-up a wedding sequence so we bought balloons and confetti. We did not buy food for the restaurant sequence because we knew it was a rough cut.

 Rough cut expenses

Balloons = £1
Confetti = £1
Total = £2

In the final shooting of Happily Ever After we bought more of the same wedding decorations and we also bought some streamers for £3. We also bought McDonald's for food during the restaurant sequence. We wanted actual food for three reasons:
  1. to give the impression it was a real date
  2. to make our film more professional
  3. to give our characters something to do on their date and to add to our montage
The McDonald's we bought cost £2.18 for two medium fries and £2.98 for two cheeseburgers. We also got two packs of ketchup which was free and we bought plates from home.

Final Cut Expenses
Balloons = £1
Confetti = £1
Streamers = £3
Medium fries x2 = £2.18
Cheeseburgers x2 = £2.98
Total = £10.16

Overal Expenses
Rough Cut Expenses = £2
Final Cut Expenses = £10.16
Total Expenditure = £12.16

As you can see from these figures, we went over our budget by £2.16. We decided at the time that we would put in the the extra money because for the sake of £2 it was worth it in terms of the quality of our final outcome.


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