This program is totally fee supported but is designed to make a profit. # of courses...
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This program is totally fee supported but is designed to make a profit. # of courses 4 # of participants per course = 21 Classes in each course meet five days/week for two weeks, each class is one hour long EXPENSES Direct Costs Personnel Arts & Crafts Instructor Arts & Crafts Aide Equipment and Supplies White paper (2 reams for each course) Colored paper (2 reams for each course) Paint (acrylics) (3 sets for each course Crayons (10 sets for each course) Clay (20 pounds for course) Scissors (15 pairs) Glue (3 bottles) Room rental Indirect Costs Calculated at 11.37% of course costs INCOME Fees for the class are charged per participant = $14.50/hr. - $ 9.75/hr. - $5.30/ream - $6.55/ream - $19.27 - $6.509/set -$29.00 for twenty pounds grou - $2.97/scissor - $5.75/bottle Z - $18.72/hr. Three sponsors give a total of $425. Make sure there is a 32% profit Figure the total fees needed and the cost per participant. SHOW ALL CALCULATIONS This program is totally fee supported but is designed to make a profit. # of courses 4 # of participants per course = 21 Classes in each course meet five days/week for two weeks, each class is one hour long EXPENSES Direct Costs Personnel Arts & Crafts Instructor Arts & Crafts Aide Equipment and Supplies White paper (2 reams for each course) Colored paper (2 reams for each course) Paint (acrylics) (3 sets for each course Crayons (10 sets for each course) Clay (20 pounds for course) Scissors (15 pairs) Glue (3 bottles) Room rental Indirect Costs Calculated at 11.37% of course costs INCOME Fees for the class are charged per participant = $14.50/hr. - $ 9.75/hr. - $5.30/ream - $6.55/ream - $19.27 - $6.509/set -$29.00 for twenty pounds grou - $2.97/scissor - $5.75/bottle Z - $18.72/hr. Three sponsors give a total of $425. Make sure there is a 32% profit Figure the total fees needed and the cost per participant. SHOW ALL CALCULATIONS
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To calculate the total fees needed and the cost per participant we need to calculate the total expen... View the full answer
Related Book For
Cost Accounting Foundations and Evolutions
ISBN: 978-1111626822
8th Edition
Authors: Michael R. Kinney, Cecily A. Raiborn
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