DeleteEnd Down Home 4 Enter Del Problem 2 (18 points) 2) Mansour has provided th

Question

DeleteEnd Down Home 4 Enter Del Problem 2 (18 points) 2) Mansour has provided the following cost formulas to use in budgets: Memorial Diner is a charity supported by donations that provides free meals to the homeless. The was based on 3,000 meals, but the diner actually served 3,400 meals. The diners director Fixed element per month S 4,100 S 3,600 S 1.100 meal S 2.20 S 1.90 S 0.60 S 0.00 Kitchen operations Administrative expenses Fundraising expenses Required: Prepare the diner's flexible budget for the actual number of meals served in February. T the costs listed above; no revenues will be on the budget.

Explanation / Answer

Answer:-

Mansour Memorial Diner Flexible Budget (February) For 3400 meals Particulars Amount $ Variable costs:- Groceries 3400 meals*$2.2 per meal 7480 Kitchen opreations 3400 meals*$1.9 per meal 6460 Adminstrative expenses 3400 meals*$.60 per meal 2040 Total variable cost (a) 15980 Fixed costs:- Kitchen opreations 4100 Adminstrative expenses 3600 Fundraising expenses 1100 Total fixed cost (b) 8800 Total cost (c=a+b) 24780

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