Trumball Catering served 4, 800 meals last month. Trumball recorded the following costs with those mea Variable costs: Ingredients used $11,000 Direct labor 24, 100 Indirect materials and supplies 10,900 Util 4,640 Truck fuel and other variable costs 7,000 Fixed costs: Managers' salaries $ 32,700 Rent 18, 200 Depreciation on trucks and equipment (straight-line, time basis) 11,600 Miscellaneous fixed costs 5, 100 Required: Unit variable costs and total fixed costs are expected to remain unchanged next quarter. Calcu the unit cost and the total cost if 5,760 meals are served next quarter. Note: Round "Unit costs" answer t decimal places.

Trumball Catering served 4, 800 meals last month. Trumball recorded the following costs with those mea Variable costs: Ingredients used $11,000 Direct labor 24, 100 Indirect materials and supplies 10,900 Util 4,640 Truck fuel and other variable costs 7,000 Fixed costs: Managers' salaries $ 32,700 Rent 18, 200 Depreciation on trucks and equipment (straight-line, time basis) 11,600 Miscellaneous fixed costs 5, 100 Required: Unit variable costs and total fixed costs are expected to remain unchanged next quarter. Calcu the unit cost and the total cost if 5,760 meals are served next quarter. Note: Round "Unit costs" answer t decimal places.

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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