Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

this question is super confusing please help me out E9-25A (similar to) Question Help Pretty Place Preschool operates a not-for-profit morning preschool that operates nine

image text in transcribed
image text in transcribed
image text in transcribed
this question is super confusing please help me out
E9-25A (similar to) Question Help Pretty Place Preschool operates a not-for-profit morning preschool that operates nine months of the year. The preschool has 180 kids enrolled in its various programs. The preschool's primary expense is payroll. Teachers are paid a flat salary each of the nine months as follows E Click the icon to view salary data.) (Click the icon to view additional information.) Requirements 1. Prepare Pretty Place Preschool's monthly operating budget. Round all amounts to the nearest dollar. 2.Using your answer from Requirement 1, create Pretty Place Preschool's budgeted income statement for the entire nine-month school year. You may group all operating expenses together. 3.Pretty Place Preschool is a not-for-profit preschool. What might the preschool do with its projected income for the year? Requirement 1. Prepare Pretty Place Preschool's monthly operating budget. Round all amounts to the nearest dollar. (Round amounts to the nearest dollar.) Pretty Place Preschool Budgeted Monthly Operating Expenses Teachers' salary 2-day program 3-day program 4-day program 5-day program Director salary Total salary expense Enter any number in the edit fields and then click Check Answer 3 parts remaining Clear All Check Answer a E9-25A (similar to) Question Help Pretty Place Preschool operates a not-for-profit morning preschool that operates nine months of the year. The preschool has 180 kids enrolled in its various programs. The preschool's primary expense is payroll. Teachers are paid a flat salary each of the nine months as follows: Click the icon to view salary data) (Click the icon to view additional information) Requirements 1. Prepare Pretty Place Preschool's monthly operating budget. Round all amounts to the nearest dollar 2.Using your answer from Requirement 1, create Pretty Place Preschool's budgeted income statement for the entire nine-month school year. You may group all operating expenses together, 3.Pretty Place Preschool is a not-for-profit preschool. What might the preschool do with its projected income for the year? TOOCTORS SCHICHY 2-day program 3-day program 4-day program 5-day program Director salary Total salary expense Payroll tax expense Lease expense Fixed operating expenses Variable operating expenses Total monthly operating expenses Enter any number in the edit fields and then click Check Answer. 3 parts remaining Clear All Check Answer BI a E9-25A (similar to) Pretty Place Preschool operates a not-for-profit morning preschool that operates nine months of the year. The preschool he months as follows (Click the icon to view salary data.) (Click the icon to view additional information.) More Info - X 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 $4,020 every month it operates Fixed operating expenses (telephone, internet access, bookkeeping services, and so forth) amount to $860 per month over the nine-month school year. Variable monthly expenses (over the nine month school year) for art supplies and other miscellaneous supplies are $6 per child Revenue for the entire nine-month school year from tuition, registration fees, and the lunch program is projected to be $243 600 Print Done Salary data - F Teachers of two-day program $428 per month Teachers of three-day program: $644 per month Teachers of four-day program $868 per month Teachers of five-day program: $1,085 per month Preschool director's salary $1,200 per month Pretty Place Preschool has 7 two-day program teachers, 2 three-day program teachers, 3 four-day program teachers and 2 five-day program teachers. The preschool also has a director. En 3 Type here to search o a

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting Chapters 1-15

Authors: James Heintz

21st Edition

1285624815, 9781285624815

More Books

Students also viewed these Accounting questions