Assignment 2: Course Project - AU ACC202
Running head: CALCULATING REVENUE 1
CALCULATING REVENUE 2
Calculating Revenue
Student’s name
Instructor’s name
Course
Date
Little Angels Daycare Center
Childcare is a needed service in our communities because of many working families. It has strict regulations and laws that must be adhered to for any child care business owner(s). Little Angels Daycare Center will offer child care services for longer hours to accommodate the needs for working parents. It will provide child care services for babies and toddlers who need more care than younger children. Its operating hours are 7.00 a.m and 7.00 p.m from Monday to Friday, 7.00 a.m to 5.00 p.m on Saturday and remain closed on Sunday and national holidays.
Little Angels will cost approximately $900 - $1200 per month for full-time day care services that depends on the child’s age. Infants who need more hands-on care will pay a total of $20,200 a year while toddlers will pay a total of 18,400 per year. The facility will have a maximum of 20 children every month for high-quality services. For the first year, we expect at least 12-15 children at the facility every month. This will total to at least 144-180 children at the facility for the first year.