E9-25A (similar to) Queston Holo Nice Place Preschool operates a not-for-profit morning preschool that operates eight months of the year. The preschool has 125 lids enrolled in ts various programs. The preschool's primary expenses payroll Teachers are paid a flat salary each of the eight ade here wi months as follows Click the icon to view salary data) (Click the icon to view additional information ) Requirements 1. Prepare Nice Place Preschool's monthly operating budget. Round all amounts to the nearest dollar 2.Using your answer from Requirement 1, create Nice Place Preschool's budgeted income statement for the entire eight-month school year. You may group all operating expenses together 3.Nice Place Preschool is a not-for-profit preschool. What might the preschool do with ts projected income for the year? Requirement 1. Prepare Nice Place Preschools monthly operating budget. Round all amounts to the nearest blat Round amounts to the nearest dollar) Nice Place Preschool Budgeted Monthly Operating Expenses Score: 1 Teachers' salary 2-day program E9-21A similar to 3-day program E9-22A (similar to 4-day program 5-day program Directory Total salary expense Payroll tax expense Corp Fred potating expenses Variable operating on Total monteringen 2020836 Online on Education in Enter any number in the folds and then click Check Antwo Clear Check Answer 3 K N M lesne Preschool operates a not for profit mamina preschool that operates ciabt months of the year. The preschool has ad in its various alary each of the follows: * Salary data the icon to view ments Nice Place Presa Teachers of two-day program: $436 per month our answer from R Teachers of three-day program: $654 per month e entire eight-mor year. You may gro Teachers of four-day program: $858 per month Eace Preschool is a Teachers of five-day program: $1,050 per month for the year? Preschool director's salary: $1,600 per month ment 1. Prepare N Nice Place Preschool has 7 two-day program teachers, 2 three-day pst dollar. (Round to the nearest doll program teachers, 3 four-day program teachers, and 4 five-day program teachers. The preschool also has a director Nice Budgeted More Print Done rs' salary: IDEM More Info In addition to the salary expense, the preschool must pay federal payroll taxes (FICA taxes) in the amount of 7 65% of salary expense. The preschool leases its facilities from a local church, paying $4,090 every month it operates Fixed operating expenses (telephone, internet access bookkeeping services, and so forth) amount to $930 per month over the eight-month school year. Variable monthly expenses (over the eight-month school year) for art supplies and other miscellaneous supplies are $6 por child. Revenue for the entire oight-month school year from tuition, registration fees, and the lunch program is projected to be $241,300, Print Done er any number in the edit fields and then click Check Answer parts Clear All Check Answer remaining 10:43 PM 11/1/2020
