Spring Garden Preschool operates a not-for-profit moming preschool. Each family

Question

Spring Garden Preschool operates a not-for-profit moming preschool. Each family pays In addition to the morning preschool, Spring Garden Preschool offers a Lunch Bunch a nonrefundable registration fee of $120 per child per school year. Monthly tuition for program where kids have the option of staying an extra hour for lunch and playtime. the eight-month school year varies depending on the number of days per week that the The preschool charges an additional S2 per child for every Lunch Bunch attended. child attends preschool. The monthly tuition is $125 for the two-day program, S150 for Historically, half of the children stay for Lunch Bunch an average of 15 times a month. the three-day program, $165 for the four-day program, and $180 for the five-day program. The following enrollment has been projected for the coming year: E (Click the icon to view the enrollment data.) Requirement Calculate Spring Garden Preschool's budgeted revenue for the school year. Spring Garden Preschool Budgeted Revenue For Year Ended Monthly tuition revenue: Data Table 2-day program 3-day program 78 children Two-day program Three-day program... 44 Four-day program Five-day program -day program 56 children 20 children 5-day program Total monthly tuition Months of operations Total tuition revenue Registration fee revenue Lunch Bunch revenue Total revenue Print Done

Explanation / Answer

Monthly tuition revenue: 2-day program 9750 =78*125 3-day program 6600 =44*150 4-day program 9240 =56*165 5-day program 3600 =20*180 Total monthly tuition 29190 Months of operation 12 Total tuition revenue 350280 Registration fee revenue 23760 =(78+44+56+20)*120 Lunch brunch revenue 35640 =(78+44+56+20)*50%*15*12*2 Total revenue 409680

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