Spring Garden Preschool operates a not-for-profit morning preschool. Each family pays a nonrefundable registration ...

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Accounting

Spring Garden Preschool operates a not-for-profit morning preschool. Each family pays a nonrefundable registration
fee of $120 per child per school year. Monthly tuition for the eight-month school year varies depending on the
number of days per week that the child attends preschool. The monthly tuition is $125 for the two-day program,
$150 for the three-day program, $165 for the four-day program, and $180 for the five-day program. The following
enrollment has been projected for the coming year:
(Click the icon to view the enrollment data.)
In addition to the morning preschool, Spring Garden 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 $2 per
child for every Lunch Bunch attended. Historically, half of the children stay for Lunch Bunch an average of
15 times a month.
Requirement
Calculate Spring Garden Preschool's budgeted revenue for the school year.
Spring Garden 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
Data table
Two-day program .dotsdotsdotsdots.,78 children
Three-day program. dotsdotsdotsdots,44 children
Four-day program .........56 children
Five-day program.......... 20 children
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