Follow up to last week assignment. please advise

Sep 28th, 2015
Business & Finance
Price: $15 USD

Question description

Northville Part II – Modified

When the city council learned how expensive the daycare was going to be, they wanted to look at cost saving options.  Particularly, they wanted to know how much eliminating infant care would be because Councilman Bob Knight owned a daycare and suggested that toddlers were much less expensive than infants.  The city council wants to know what the full cost per child will be with administrative expenses allocated to two cost centers: infants and toddlers.  They also want a recommendation about whether this would be a good cost saving option for the city.

Allocate indirect costs to the infants and toddlers.  1/3 of the students are infants and 2/3 are toddlers.  The state allows for a 4:1 ratio of infants to teachers and an 8:1 ratio for toddlers to teachers.  Because of the budget pressure, council wants to max this ratio.  Infants will generally take about half of the space of toddlers and you should assume that the daycare will use all of the space for childcare.  Capital equipment is allocated based upon the teachers.

Assignment: Use last week’s budget and split out the total cost between the infants and toddlers.  How much does it cost per child?  What is your recommendation about eliminating infant care?

Tutor Answer

(Top Tutor) Daniel C.
School: UC Berkeley

Studypool has helped 1,244,100 students

Review from our student for this Answer

Sep 28th, 2015
"Thanks, good work"
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1822 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors