Prepare a sales budget for a not-for-profit organization (Learning Objective 2) Great Start Preschool operates a not-for-profit
Question:
Prepare a sales budget for a not-for-profit organization (Learning Objective 2) Great Start Preschool operates a not-for-profit morning preschool. Each family pays a nonrefundable registration fee of \(\$ 120\) per child per school year. Monthly tuition for the nine-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, \(\$ 130\) for the three-day program, \(\$ 145\) for the four-day program, and \(\$ 160\) for the five-day program. The following enrollment has been projected for the coming year:
In addition to the morning preschool, Great Start Preschool offers a Lunch Bunch program where kids have the option of staying an extra hour for lunch and playtime. Great Start charges an additional \$3 per child for every Lunch Bunch attended. Historically, half the children stay for Lunch Bunch an average of ten times a month.
\section*{Requirement}
Calculate Great Start Preschool's budgeted revenue for the school year.
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