Zoo Extravaganza is a not-for-profit organization. Zoo Extravaganza took over the county zoo, with the provision that
Question:
Each ticket entitles the visitor to ride on the “Train Around the Zoo.” However, only one- third of all visitors actually ride the train.
The zoo expects the following number of visitors per month:
Monthly Number
Visitor Type of Admission Tickets
Adult ...........800
Child ...........950
Schoolchild .......1,000
Families .........300
The zoo has the following monthly expenses in four general areas:
Administration .........$ 12,000
Zoo staff ............$ 10,000
Train rides ..........$ 1 per person who rides the train
Maintenance .........$ 1 per visitor
Determine the operating budget per month. Show revenues and expenses by line- item, and show the expected profit or loss.
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Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
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