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Unit 7 Assignment: Budget Planning You, as an event planner, have been hired to plan a lavish themed wedding for a wealthy client who expects up to 200 guests in your hometown or a city nearby. The father of the bride is prepared to spend $100,000 for an ideal, luxury wedding for his only daughter. Prepare the budget for the father of the bride, including all activities, expenses, salaries, and other costs. Use the internet or call vendors near you to get “real” numbers for all aspects of the wedding. You will submit two deliverables: First, complete a short (1 page) narrative on the theme and overall budget for the wedding. Your client works in the finance world and will be questioning every budget item. Therefore, even though you have a large budget to work with, make sure you have examined each item and provided realistic and reasonable costs. You will not want to quote the highest price on any item without substantial reasoning. Remember to explain how you met the client’s needs while you maintained the budget. Second, you will submit a budget spreadsheet. Use the Wedding Budget Spreadsheet in Doc Sharing as your guide. Document, at the bottom of the spreadsheet, all of the sources you contacted. Feel free to add or modify any part of the spreadsheet to best fit your event. To complete your project include the following: Checklist:  Show amounts you are quoting the client from the “net” payable to the vendors.  Demonstrate that you maintained the client’s budget of $100,000. Come as close as you can, using real numbers.  Explain how you maintained the client’s budget while addressing their needs and requests. Submit your minimum 1-page paper and Microsoft Excel Spreadsheet to the Dropbox before the end of this unit. Use complete sentences on each response. Give credit to your sources by citing them in the body of your work and listing them on a separate reference page. You may not copy and paste your answers directly from your sources. Each Assignment must be completed in your own words. Please use a title page and submit all of the pages of your Assignment as one document. Directions for Submitting Your Assignment Compose your Assignment in a Microsoft Word document and a Microsoft Excel spreadsheet and save it as Username-AB230 Assignment-Unit#.doc (Example: TAllen-AB230_AssignmentUnit7.doc). Submit your files by selecting the Unit 7: Assignment Dropbox by the end of Unit 7. Unit 7 [AB230: Foundations of Conference and Event Planning] Unit 7 Assignment Grading Rubric = 40 Points Unit 7 Assignment Grading Rubric Answer provides correct and complete information in response to the Checklist Items evidencing analysis and critical thinking: Percentage points Possible points Points earned In a minimum 1–page paper and the Wedding Budget Spreadsheet (with resources included at the bottom) Checklist: First, a short (1-page) narrative on the theme and overall budget for the wedding Explain how you maintained the client’s budget while addressing their needs and requests. 16 Second, you will submit a budget spreadsheet. Show amounts you are quoting the client from the “net” payable to the vendors. Demonstrate that you maintained the client’s budget of $100,000. Come as close as you can, using real numbers. 16 Subtotal: 80% 32 Spelling, grammar, APA format, minimum 1- page paper and Wedding Budget spreadsheet 20% 8