Shown below are the costs for this project (MediaMe newspaper)
Outgoing costs (Money out) :
Cost for 500 copies from newspaper club (printers) : £500 including VAT
Postage cost for first three orders : £11.40
Income (Money in)
Junction advert : £350
Lincoln university advert : £100
OCR advert : £100
Guernsey Grammar purchased -> 20 copies : £10
Reigate purchased -> 120 copies : £60
Islington purchased -> 40 copies : £20
Netherhall purchased -> 30 copies : £15
free samples and copies for media group members & moderator : 50 Copies
The total amount that we have received so far from selling copies and getting adverts is : £655
Which means we currently have a profit of: £145 (Aprox)
After looking over our account information we have realised that we still need to sell 240 copies of our mediame newspaper in order to sell all of our newspapers.
Overall I believe that we have done very well, financially we are stable and we have currently made a profit and we are in the position whereby we are selling copies of mediame which of course will increase are overall profit for the project.
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