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Evansville Preschool operates a not-for-profit moming preschool that operates eight months of the year. The preschool has 190 kids enrolled in its various programs. The

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Evansville Preschool operates a not-for-profit moming preschool that operates eight months of the year. The preschool has 190 kids enrolled in its various programs. The preschool's primary expenses payroll Teachers are paid a flat salary each of the eight months as follows Click the icon to view salary data) (Click the loon to view additional information) Requirements 1. Prepare Evansvile Preschools monthly operating budget. Round al amounts to the nearest dollar 2. Using your answer from Requirement 1, create Evansvile Preschool's budgeted income Matement for the entire ci-month school year. You may group all operating expenses together 1. Evanvite Preschool is a not-for-profit preschool. What might the preschool do with its projected income for the year? Requirement 1. Prepare Evanuite Preschool's monthly operating budget. Round al amounts to the nearest dollar. Round amounts to the nearest dollar) Evansville Preschool Budgeted Monthly Operating Expenses Teachers' salary Enter any number in the edit fields and then click Check Answer Cew All Check Answer romaining X 1 Salary data $434 per month Teachers of two-day program: Teachers of three-day program: Teachers of four-day program: Teachers of five-day program: $648 per month $884 per month $1,060 per month Preschool director's salary: $1,500 per month Evansville Preschool has 9 two-day program teachers, 4 three-day program teachers, 5 four-day program teachers, and 4 five-day program teachers. The preschool also has a director. Print Done Teachers' salary: 2-day program 3-day program 4-day program 5-day program Enter any number in the edit fields and then click Check Answer. 3. Evansville Preschool is a not-for-profit preschool. What might the prescho Director salary Total salary expense Payroll tax expense UT Lease expense Fixed operating expenses Enter any number in the edit fields and then click Check Answer. 3. Evansville Preschool is a not-for-profit preschool. Lease expense Fixed operating expenses Variable operating expenses Total monthly operating expenses Enter any number in the edit fields and then click Check Answer. arte * 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 $4,050 every month it operates. Fixed operating expenses (telephone, Internet access, bookkeeping services, and so forth) amount to $890 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 $13 per child. Revenue for the entire eight-month school year from tuition, registration fees, and the lunch program is projected to be $241,300. Print Done

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