Sophia's Restaurant served 6,700 meals last quarter. Sophia recorded the following costs with those meals.       Variable costs:     Ingredients used $ 17,190 Direct labor   13,900 Indirect materials and supplies   8,700 Utilities   5,100 Fixed costs:     Managers' salaries   30,500 Rent   26,500 Depreciation on equipment (straight-line, time basis)   10,500 Other fixed costs   11,304     Required: Unit variable costs and total fixed costs are expected to remain unchanged next quarter. Calculate the unit cost and the total cost if 6,030 meals are served next quarter. (Round "Unit costs" answer to 2 decimal places.)       Total variable costs Total fixed costs Total costs Unit costs

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Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.