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Harvard University *

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Accounting

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Nov 24, 2024

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View Zoom Add Page Insert Table Chart Text Shape Media Comment Collaborate 34. Beecham Memorial Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for October was based on 3,400 meals, but the diner actually served 3,200 meals. The diner's director has provided the following cost formulas to use in budgets: Variable Fixed element element per per month meal Groceries ........................ , $0 $2.80 Kitchen operations ............... $5,300 $1.75 Administrative expenses ....... $3,600 $0.75 Fundraising expenses .......... $1,500 $0.00 The director has also provided the diner's statement of actual expenses for the month: Beecham Memorial Diner Statement of Expenses For the Month Ended October 31 Actualmeals ............... ccoeiiceiiiiii, 3,200 GrOCeMeS ..., $ 9,000 Kitchen operations .................... 11,270 Administrative expenses ................... 6,210 Fundraising expenses ....................... 1.560 Totalexpense .............. cccooeeeevvvvnnnnnnn., $28.040 Required:
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