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Based on the above information, the total monthly expenditure for the daycare center for 2023 is expected to be $70,800. Assuming the enrollment continues to
Based on the above information, the total monthly expenditure for the daycare center for 2023 is expected to be $70,800. Assuming the enrollment continues to grow by 5% per month, the center will have 224 children enrolled by December 2023. The total monthly revenue for the daycare center will be $67,200 ($100*224 enrollment fee + $30*8 children per staff ratio*224 children*249 days + $3*8 children per staff ratio*224 children*249 days). Therefore, the center will have a deficit of $3,600 per month ($67,200 revenue - $70,800 expenditure), which could result in a total deficit of $43,200 for the year. To maintain a balance, the center might have to increase the monthly fee per child to $664.29 (total expenditure/total enrollment) or the enrollment fee. add this information in excel
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