Question

Play Place Preschool operates a​ not-for-profit morning preschool. Each family pays a nonrefundable registration fee of $105 per child per school year. Monthly tuition for the nine​-month

school year varies depending on the number of days per week that the child attends preschool. The monthly tuition is $145 for the ​two-day program, $170 for the​ three-day program, $185 for the​ four-day program, and $210 for the​ five-day program. The following enrollment has been projected for the coming​ year:

Two-day program. . . . . . . . . . . . . . .	88 children
Three-day program. . . . . . . . . . . . .	42 children
Four-day program. . . . . . . . . . . . . .	62 children
Five-day program. . . . . . . . . . . . . . .	16 children

In addition to the morning​ preschool, Play Place 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 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 Play Place Preschool's budgeted revenue for the school year.

Play Place 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 :

Answer 1

		A	B	C=A*B
		Number	Tuition	Total
	Monthly Tuition Revenue	of children	Fees	Fees
	2 day program	88	$145	$12,760
	3 day program	42	$170	$7,140
	4 day program	62	$185	$11,470
	5 day program	16	$210	$3,360
	Total	208	Total	$34,730
	Total Monthly tuition	$34,730
	Months of operation	12
	Total Tuition Revenue	$416,760	(34730*12)
	Registration Revenue	$21,840	($105*208)
	Lunch Bunch Revenue	$56,160	($3*(208/2)*15*12)
	Total revenue	$494,760	(416760+21840+56160)