Question
The XYZ Preschool follows an academic calendar from September to May, with summer activities from June to August. There are three classrooms in the school.
The XYZ Preschool follows an academic calendar from September to May, with summer activities from June to August. There are three classrooms in the school. One classroom can accommodate 8 children three days a week; the second classroom can accommodate 12 children three days a week plus 6 children on a fourth day, and the third classroom can accommodate 7 children three days a week and 7 children four days a week. Enrollment Days/Week in the Classroom A Tues, Wed, Thurs 3 8 B Mon 1 6 B Tues, Wed, Thurs 3 12 C Tues, Wed, Thurs 3 7 C Mon, Tues, Wed, Thurs 4 7 In Classrooms A and B, children can be enrolled for 1, 2, or 3 days. The tuition is: 1 day/week $84/month 2 days/week $165/month 3 days/week $228/month In Classroom C, children can be enrolled for 3 or 4 days. The tuition in Classroom C is: 3 days/week $235/month 4 days/week $266/month While school starts filling most spots, registration can continue throughout the year if slots remain open. The fiscal year of the school runs from June 1 to May 31. With just incomplete enrollment statistics, the budget for the next year must be approved in April. Salaries (for instructors, assistants, supplies, and so forth) and tuition must be weighed against predicted revenue. Using the enrollment data above, how would you budget your income?
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