Wadsworth Preschool operates a not-for-profit morning preschool. Each family pays a nonrefundable registration fee of $140 per child per school year. Monthly tuition for the eight-month school year varies depending on the number of days per week that the child attends preschool. The monthly tuition is $130 for the two-day program, $155 for the three-day program, $180 for the four-day program, and $195 for the five-day program. The following enrollment has been projected for the coming year:
Two-day program: 88 children......................Four-day program: 54 children
Three-day program: 34 children.....................Five-day program: 28 children
In addition to the morning preschool, Wadsworth Preschool offers a Lunch Bunch program where kids have the option of staying an extra hour for lunch and playtime. The preschool charges an additional $2 per child for every Lunch Bunch attended. Historically, half the children stay for Lunch Bunch an average of 10 times a month.
Requirement
Calculate Wadsworth Preschool's budgeted revenue for the school year.