Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

28. Triad Children's Center, a non-profit organization, uses relevant cost analysis to determine whether or not new services are desirable. TCC is looking at adding

image text in transcribed

28. Triad Children's Center, a non-profit organization, uses relevant cost analysis to determine whether or not new services are desirable. TCC is looking at adding a new educational program for grade school children who are having difficulty with their reading and math skills. The following relevant costs are expected if the program is accepted: Costs (per year) Program Director Part-time Assistants Variable cost per child 39,000 $28,000 $900 TCC estimates that a maximum of 40 children will participate in this program in the first year. If TCC decides to implement this program, funding will be received from the City Chamber of Commerce ($50,000) and a local Private University Endowment Fund ($35,000) Calculate the expected surplus or deficit from operations given the above information. O $28,000 surplus $10.000 surplus O$17,000 deficit. $18.000 deficit. O Some amount other than those listed here

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management For Public Health And Not For Profit Organizations

Authors: Steven A. Finkler

3rd Edition

0136070736, 978-0136070733

More Books

Students also viewed these Accounting questions

Question

How were the HR functions affected by Hurricane Rita?

Answered: 1 week ago

Question

What information might lead you to choose working for the company?

Answered: 1 week ago

Question

Which environment factor(s) did Hurricane Rita affect? Discuss.

Answered: 1 week ago