Describe at a high level the various cost categories and expenditures. Detail the significant items in the budget, including how these expenses and revenues were determined and why they are important.

Wk 4 – Summative Assessment: Budget Grant Component

Finalize the budget draft you created last week in Microsoft® Excel®. Address the following as you build your budget:

• Research and estimate revenues and expenses.
• Itemize direct costs.
• Determine indirect costs.
• Include any in-kind contributions.

Write a 525- to 700-word budget narrative in which you do the following:

• Describe at a high level the various cost categories and expenditures.
• Detail the significant items in the budget, including how these expenses and revenues were determined and why they are important.
• Submit your budget and your budget narrative.