Trumball Catering served 4,000 meals last month. Trumball recorded the following costs with those meals: Variable costs: Ingredients used Direct labor Indirect materials and supplies Utilities. Truck fuel and other variable costs Fixed costs: Managers' salaries Rent Depreciation on trucks and equipment (straight-line, time basis) Miscellaneous fixed costs Total variable costs Total fixed costs $ 10,200 22,500 9,300 3,600 6,200 Total costs Unit costs $ 28,700 14,200 Required: Unit variable costs and total fixed costs are expected to remain unchanged next quarter. Calculate the unit cost and the tot 4,800 meals are served next quarter. Note: Round "Unit costs" answer to 2 decimal places. 7,600 3,500

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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nces
Trumball Catering served 4,000 meals last month. Trumball recorded the following costs with those meals:
Variable costs:
Ingredients used
Direct labor
Indirect materials and supplies
Utilities.
Truck fuel and other variable costs
Fixed costs:
Managers' salaries
Rent
Depreciation on trucks and equipment
(straight-line, time basis)
Miscellaneous fixed costs
Total variable costs
Total fixed costs
$ 10,200
22,500
9,300
Total costs
Unit costs
3,600
6,200
$ 28,700
14,200
Required:
Unit variable costs and total fixed costs are expected to remain unchanged next quarter. Calculate the unit cost and the total cost if
4,800 meals are served next quarter.
Note: Round "Unit costs" answer to 2 decimal places.
7,600
3,500
Transcribed Image Text:nces Trumball Catering served 4,000 meals last month. Trumball recorded the following costs with those meals: Variable costs: Ingredients used Direct labor Indirect materials and supplies Utilities. Truck fuel and other variable costs Fixed costs: Managers' salaries Rent Depreciation on trucks and equipment (straight-line, time basis) Miscellaneous fixed costs Total variable costs Total fixed costs $ 10,200 22,500 9,300 Total costs Unit costs 3,600 6,200 $ 28,700 14,200 Required: Unit variable costs and total fixed costs are expected to remain unchanged next quarter. Calculate the unit cost and the total cost if 4,800 meals are served next quarter. Note: Round "Unit costs" answer to 2 decimal places. 7,600 3,500
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