Trumball Catering served 5,000 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 $ 11, 200 24,500 11,300 4,900 7,200 Total variable costs Total fixed costs Total costs Unit costs $ 33,700 19,200 12,600 5,500 Required: Unit variable costs and total fixed costs are expected to remain unchanged next quarter. Calculate the unit cost and the total cost if 6,000 meals are served next quarter. Note: Round "Unit costs" answer to 2 decimal places.
Trumball Catering served 5,000 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 $ 11, 200 24,500 11,300 4,900 7,200 Total variable costs Total fixed costs Total costs Unit costs $ 33,700 19,200 12,600 5,500 Required: Unit variable costs and total fixed costs are expected to remain unchanged next quarter. Calculate the unit cost and the total cost if 6,000 meals are served next quarter. Note: Round "Unit costs" answer to 2 decimal places.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Trumball Catering served 5,000 meals last month. Trumball recorded the following costs with those meals:
Variable costat
Ingredients used
Direct labor
Indirect materials and supplies
Utilities
Truck fuel and other variable costs.
Fixed conta:
Managers' salaries
Rent
Depreciation on trucks and equipment
(straight-line, time basis)
Miscellaneous fixed costs
$ 11,200
24,500
11,300
Total variable costs
Total fixed costs
Total costs
Unit costs
4,900
7,200
$ 33,700
19,200
12,600
5,500
Required:
Unit variable costs and total fixed costs are expected to remain unchanged next quarter. Calculate the unit cost and the total cost if
6,000 meals are served next quarter.
Note: Round "Unit costs" answer to 2 decimal places.
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