Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You have a start- up budget for your center of $50,000. List the items you will include in a start-up budget for a center preparing

You have a start- up budget for your center of $50,000. List the items you will include in a start-up budget for a center preparing to serve 50 children. Include the salaries you will have to pay also. So, you need to decide how many children you will have in each room, buy supplies/equipment for each classroom, and pay the teaching salaries. Prepare your budget per classroom. An example has been provided for you. You will have 1 infant room, 1 toddler room, 1 preschool room, and 1 school-age room. Be sure to list the "Big ticketed items" first. For example, tables, chairs, computers, etc. List each item(s) you will buy for each classroom, the number of items, and the price and total. Make sure you stay within the $50,000 total budget. At the end of your budget, show the total amount spent for equipment, supplies, salaries and the total left over. Refer to Chapter 5 and your notes for guidance. There is also a sample budget located in the Resource section at the end of the chapter. Indicate whether your center will be for profit or not for profit, where it will be housed, and who will be responsible

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

Financial accounting

Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas

8th Edition

9780135114933, 136108865, 978-0136108863

More Books

Students also viewed these Accounting questions

Question

17. What three characteristics define a portal site today?

Answered: 1 week ago

Question

14. What is herd behavior and how does it impact auctions?

Answered: 1 week ago