Question: Please help to answer this question with a clear and correct answer, thank you! Hardyke Group operates a local after-school recreation and activities program. The

 Please help to answer this question with a clear and correct

Please help to answer this question with a clear and correct answer, thank you!

Hardyke Group operates a local after-school recreation and activities program. The Education Department is a state governmental by the student. The government will reimburse Hardyke for the "cost" of providing dally services used by a student. by day, to be paid The regular price to participate in the program is $6.80 per day. After analyzing its costs, Hardyke calculates that, with its operating deficit, the full cost of each student for a day is \$9.30. All programs that Hardyke offers are unaffected by the number of students paying the nominal fee. Required: b. Which price would Hardyke Group prefer? Note: Enter your answer to 2 decimal places. c. Which price would the Education Department prefer? Note: Enter your answer to 2 decimal places. Leave no cells blank - be certaln to enter "O" wherever requlred. d. If Hardyke provides an average of 4,800 student-days for in-need chlldren in a given month, what is the monthly value of the difference between the prices in full capacity

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!