Analysis of Financial Projections $-$ With Given Case Data$----------$ Total Number of Students $----------20253037$Revenue:$2-3$ year olds $($$$17$ per day x $250/12$ x $80\%)2,5503,4004,2505,3834-5$ year olds $($$$16$ per day x $250/12$ x $80\%)1,3331,8672,4003,2005$ year olds $($$$7$ per day x $250/12$ x $80\%)700700700700$ Total revenue$4,5835,9677,3509,283$ Variable costs:$8102$ Educational supplies $($$$3$ per student$)6075901118103$ Recreational supplies $($$$2$ per student$)405060748105$ Housekeeping supplies $($$$2$ per student$)405060748201$ Administrative expense $(14\%$ of total revenue$)6428351,0291,300$ Total variable costs$7821,0101,2391,559$ Contribution margin $($CM$)3,8014,9576,1117,724$ Fixed costs:$7000$ Salaries, total$3,1263,9284,6655,4027103$ Employee benefits$1757008751,0507201$ FICA taxes$2393003574138001$ Employee fees paid$111116168004$ Staff development training$333333338005$ Help wanted ads$99998010$ Membership in other organizations$44448101$ Medical$/$first aid kit supplies$33338104$ Food and beverage supplied by USDA$00008106$ Office supplies$5510108111$ Telephone expense$1401401401408112$ Postage$252530308401$ Rent$00008402$ Equipment maintenance$222222228404$ Mortgage$/$note$/$loan interest$00008406$ Utilities, total$2402402402408501$ General insurance$929292928502$ Workmens compensation$101315198601$ Outside printing$252525258606$ Subscriptions and publications$22228702$ Van maintenance$/$insurance$/$gas$454545458706$ Staff mileage$484848489402$ Miscellaneous expenses$101010109500$ Depreciation$0000$ Total fixed costs$4,2645,6556,6417,613$ Total variable and fixed costs$5,0466,6657,8809,172$ Operating profit $($loss$)$ Weighted average CM per student Number of students needed to break even Round up break$-$even students Total CM without administrative fee Weighted average CM per student w$/$o admin. fee Breakeven number of students w$/$o admin. fee Round up break$-$even students

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