Question
GreatlandGreatland Preschool operates a not-for-profit morning preschool. Each family pays a nonrefundable registration fee of $ 130$130 per child per school year. Monthly tuition for
GreatlandGreatland
Preschool operates a not-for-profit morning preschool. Each family pays a nonrefundable registration fee of
$ 130$130
per child per school year. Monthly tuition for the
eighteight-month
school year varies depending on the number of days per week that the child attends preschool. The monthly tuition is
$ 125$125
for the two-day program,
$ 150$150
for the three-day program,
$ 170$170
for the four-day program, and
$ 190$190
for the five-day program. The following enrollment has been projected for the coming year:
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In addition to the morning preschool,
GreatlandGreatland
Preschool offers a Lunch Bunch program where kids have the option of staying an extra hour for lunch and playtime. The preschool charges an additional
$ 3$3
per child for every Lunch Bunch attended. Historically,
halfhalf
of the children stay for Lunch Bunch an average of
1212
times a month.
Requirement
Calculate
GreatlandGreatland
Preschool's budgeted revenue for the school year.
Two-day program. . . . . . . . . . . . . . . | 86 children |
Three-day program. . . . . . . . . . . . . | 46 children |
Four-day program. . . . . . . . . . . . . . | 54 children |
Five-day program. . . . . . . . . . . . . . . | 14 children |
Greatland Preschool
Budgeted Revenue
For Year Ended
Monthly tuition revenue:
2-day program
3-day program
4-day program
5-day program
Total monthly tuition
Months of operations
Total tuition revenue
Registration fee revenue
Lunch Bunch revenue
Total revenue
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