MESRA KIDS is a day care center that provide a safe and secure environment with quality caregivers, so that parents have the peace of mind of knowing their children are safe while they work. MESRA Kids charge each parent RM400 per child per month. Its monthly variable expenses per child are as follows: Lunch and snacks Educational supplies Other supplies Total Monthly fixed expenses consist of the following: Rent Utilities Insurance Staff salaries General expenses Total RM 100 30 20 150 RM 2,500 250 200 4,100 450 7,500

MESRA KIDS is a day care center that provide a safe and secure environment with quality caregivers, so that parents have the peace of mind of knowing their children are safe while they work. MESRA Kids charge each parent RM400 per child per month. Its monthly variable expenses per child are as follows: Lunch and snacks Educational supplies Other supplies Total Monthly fixed expenses consist of the following: Rent Utilities Insurance Staff salaries General expenses Total RM 100 30 20 150 RM 2,500 250 200 4,100 450 7,500

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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