Unformatted text preview: through June $(79,392) is larger than anticipated. Part of the problem is the salary increase that went into effect in June, which had been overlooked when the budget was submitted to the city last year. To compound the problem, the warm summer months traditionally bring with them an increase in additional summer outdoor activities. Thus, the daycare experiences additional costs during July. The daycare managers are considering an increase in daycare fees to reduce losses. However, they are reluctant to raise fees because th...
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- Winter '12
- corporate fixed costs, Big Winner