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A state government has an affiliated day - care center for kids. The center provides three different programs for infants, toddlers, and preschool kids. Tuition
A state government has an affiliated daycare center for kids. The center provides three different programs for infants, toddlers, and preschool kids. Tuition is charged weekly. The center runs at full capacity, which is infants, toddlers and preschool kids. The center pays a monthly rent of $ for the building they use. The center hires an executive director, a coordinator, an accountant, and a staff member working with maintenance and cleaning. Their annual salaries are $ $ $ and $ State laws require that the studenttoteacher ratio should be : for infants, : for toddlers, and : for preschool kids. Each teacher gets an annual salary of $ The expenses for daily activities per kid per day for the three programs are $infant $toddler and $preschool kids Electricity, depreciations, and other expenses run up to around $ in total per month. Identify all the items of fixed The center decides to charge the same weekly tuition for each kid in all the three programs infants toddlers, and preschool kids Calculate the breakeven price per kid per week. If state employees get a discount on the tuition, and the center estimates that of the kids come from families of state employees, what is the full tuition price per week at breakeven? Hint: calculate the weighted breakeven price for both state employees and nonstate employeesIf state employees get a discount on the tuition, and the center estimates that of the kids come from families of state employees, what is the full tuition price per week at breakeven? Hint: calculate the weighted breakeven price for both state employees and nonstate employees
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