Topic 10.

Financial resources Nurseries and kindergartens need financial resources to finance the cost of managing and management. The cost of early education programs involving children based on type of program, level of training and staff size, sponsorship (government programs, government schools or parents and voluntary organizations) and the registration of children. There are other things that contributed to the costs such as salaries and additional planning staff, expenses for day care or preschool, equipment and advertising. Geographical position of nurseries and kindergartens, the counterculture and the economic situation also helps the diversification cost. These financial resources are available through; (A) Fees (B) Provision of financial (C) Contributions Children who are normally charged a fee to register. Each nurseries and kindergartens will charge fees that vary by program and geographical suitability. If the program is offered for its high quality of the nurseries and kindergartens will impose expensive fees. Geography and location of nurseries and kindergartens as well as determining the fees. For example, nurseries in the state that many low-income population will impose a fee based on income residents. The location of the nursery and kindergarten the elite residential area, the fee is higher than the population of low-cost housing. Funding is a provision that provided regular and continuous basis from government agencies or private. Government agencies such as the Ministry of Education Malaysia organized the kindergarten school, the Social Welfare Department, Sarawak SEDIDIK organizes nurseries, Kemas and the Department of National Unity and Integration of organized preschool. While private agencies are large corporations such as financial institutions that provide day care for employees. There are also private companies that provide open another day care for employees. Financial contribution is one of financial resources for nurseries and kindergartens. Benefactor of the companies, organizations and individuals can help the financial resources nurseries and kindergartens. Management of nurseries and kindergartens are usually run charity for financial support. Management should identify the financial analysis in nurseries and kindergartens. Here is the difference in cost should be analyzed: (A) Initial cost (B) Cost of equipment and various (C) Marginal cost (D) The cost of fixed assets versus operating (E) the hidden costs Start-up costs means that the need to use the money before the program is implemented. Slepas programs usually run for 6 months of operation has not been that many children are registered, or the financial resources promised not to. Start-up costs including the need for money for buildings, equipment, design of 3 months and 6 months or more in operation. Fixed costs (eg planning program) is not equal to the number of children who are supervised, but the cost of many (eg buildings, teacher salaries, equipment) is equal to the number of children who are supervised. Marginal cost is the increased cost "per unit" of expanding the program beyond a given size. For example, the program cost divided by the number of recipients. Marginal cost can be decreased and increased when additional staff or facilities required. The cost of fixed asset purchase expenditures usually only once. For example, buying the building. Operating costs are usually used for ongoing expenses. For example, salaries, purchase of daily goods. Hidden costs (hidden cost) are fees paid by the program but others. Examples of religious bodies that use the facilities for free. Common costs (joint cost) is considered hidden costs because the costs are paid.