Wonderland Preschool operates a not-for-profit morning preschool. Each family pays a nonrefundable registration fee of $105...
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Wonderland Preschool operates a not-for-profit morning preschool. Each family pays a nonrefundable registration fee of $105 per child per school year Monthly tuition for the nine-month school year varies depending on the number i of days per week that the child attends preschool. The monthly tuition is $115 for the two-day program, $130 for the three-day program, $150 for the four-day program, and $170 for the five-day program. The following enrollment has been projected for the coming year. (Click the icon to view the enrollment data.) Wonderland Preschool. Budgeted Revenue For Year Ended Monthly tuition revenue 2-day program 3-day program 4-day program 5-day program Total monthly tuition Months of operations Total tuition revenue Registration fee revenue Lunch Bunch revenue Total revenue In addition to the morning preschool, Wonderland 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 $2 per child for every Lunch Bunch attended. Historically, half of the children stay for Lunch Bunch an average of 10 times a month. Requirement Calculate Wonderland Preschool's budgeted revenue for the school year Data Table: Two-day program Three-day program Four-day program Five-day program Print Done 86 children 34 children 58 children 14 children X Wonderland Preschool operates a not-for-profit morning preschool. Each family pays a nonrefundable registration fee of $105 per child per school year Monthly tuition for the nine-month school year varies depending on the number i of days per week that the child attends preschool. The monthly tuition is $115 for the two-day program, $130 for the three-day program, $150 for the four-day program, and $170 for the five-day program. The following enrollment has been projected for the coming year. (Click the icon to view the enrollment data.) Wonderland Preschool. Budgeted Revenue For Year Ended Monthly tuition revenue 2-day program 3-day program 4-day program 5-day program Total monthly tuition Months of operations Total tuition revenue Registration fee revenue Lunch Bunch revenue Total revenue In addition to the morning preschool, Wonderland 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 $2 per child for every Lunch Bunch attended. Historically, half of the children stay for Lunch Bunch an average of 10 times a month. Requirement Calculate Wonderland Preschool's budgeted revenue for the school year Data Table: Two-day program Three-day program Four-day program Five-day program Print Done 86 children 34 children 58 children 14 children X
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Wonderland Preschool Budgeted Revenue For the Year Ended Monthly Tution Revenue 2Day Progr... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-0176223311
1st Canadian Edition
Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp
Posted Date:
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