Hinckley Preschool operates a not- for- profit morning preschool. Each family pays a non-refundable registration fee of

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Hinckley Preschool operates a not- for- profit morning preschool. Each family pays a non-refundable registration fee of $ 135 per child per school year. Monthly tuition for the eight- month school year varies depending on the number of days per week that the child attends preschool. The monthly tuition is $ 115 for the two- day program, $ 140 for the three- day program, $ 155 for the four- day program, and $ 180 for the five- day program. The following enrollment has been projected for the coming year:
Two- day program................................................................................................... 86 children
Three- day program................................................................................................ 34 children
Four- day program.................................................................................................. 68 children
Five- day program................................................................................................... 26 children

In addition to the morning preschool, Hinckley 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 $ 4 per child for every Lunch Bunch attended. Historically, half of the children stay for Lunch Bunch an average of 12 times a month.

Requirement
Calculate Hinckley Preschool’s budgeted revenue for the school year.

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Managerial Accounting

ISBN: 978-0133428377

4th edition

Authors: Karen W. Braun, Wendy M. Tietz

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