Geary Preschool operates a not- for- profit morning preschool. Each family pays a non-refundable registration fee of

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Geary Preschool operates a not- for- profit morning preschool. Each family pays a non-refundable registration fee of $ 120 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 $ 145 for the two- day program, $ 170 for the three- day program, $ 190 for the four- day program, and $ 205 for the five- day program. The following enrollment has been projected for the coming year:

Two- day program.................................................................................................. 72 children
Three- day program............................................................................................... 42 children
Four- day program................................................................................................. 54 children
Five- day program.................................................................................................. 14 children

In addition to the morning preschool, Geary 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 $ 3 per child for every Lunch Bunch attended. Historically, half of the children stay for Lunch Bunch an average of 15 times a month.

Requirement
Calculate Geary Preschool’s budgeted revenue for the school year.

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Managerial Accounting

ISBN: 978-0133428377

4th edition

Authors: Karen W. Braun, Wendy M. Tietz

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