Copley Preschool operates a not-for-profit morning preschool. Each family pays a nonrefundable registration fee of $115 per child per school year. Monthly tuition for the nine-month school year varies depending on the number of days per week that the child attends preschool. The monthly tuition is $125 for the two-day program, $145 for the three-day program, $170 for the four-day program, and $185 for the five-day program. The following enrollment has been projected for the coming year:
Two-day program: ................................................................................................... 80 children
Three-day program: ................................................................................................ 36 children
Four-day program: .................................................................................................. 52 children
Five-day program: ................................................................................................... 12 children
In addition to the morning preschool, Copley Preschool offers a Lunch Bunch program where kids have the option of staying an extra hour for lunch and playtime. Copley Preschool charges an additional $2 per child for every Lunch Bunch attended. Historically, half the children stay for Lunch Bunch an average of 15 times a month.
Requirement
Calculate Copley Preschool's budgeted revenue for the school year.