Shiigi Urban Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for May is to be based on 3,490 meals. The diner's director has provided the following cost data to use in the budget: groceries, $5.70 per meal; kitchen operations, $4,790 per month plus $6.00 per meal; administrative expenses, $3,990 per month plus $2.30 per meal; and fundraising expenses, $1,890 per month. Required: Prepare the diner's budget for the month of May. The budget will only contain the costs listed above; no revenues will be on the budget.
Budgeted meals: 3,490
Groceries:?
Kitchen operations:?
Administrative expenses:?
Fundraising expenses:?
Total Expense:?
Shiigi Urban Diner is a charity supported by donations that provides free meals to the homeless....
Shiigi Urban Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for May is to be based on 3,450 meals. The diner's director has provided the following cost data to use in the budget: groceries, $5.30 per meal; kitchen operations, $4,750 per month plus $5.00 per meal; administrative expenses, $3,950 per month plus $1.90 per meal; and fundraising expenses, $1,850 per month. Required: Prepare the diner's budget for the month of May....
2. Hallmark is a charity supported by donations that provides free meals to the homeless. The budget for August was based on 3,000 meals. The director has provided the following cost data to use in the budget: groceries, $3.85 per meal; kitchen operations, $4,600 per month plus $1.15 per meal; administrative expenses, $3,800 per month plus $0.85 per meal; and fundraising expenses, S1,600 per month. The director has also provided the statement of actual expenses for the month: Hallmark Statement...
1) Workout Problem - Rekindle Diner provides free meals to the homeles. The badge for las was based on 3.800 meals. The following cost formules are used in the Rainde's Fixed element per month Variable element per mal Groceries so 52.15 Kitchen operations 55,400 $1.85 Administrative expenses $2,000 50.65 Fundraising expenses $1.300 $0.00 The manager has also listed the actual expenses for the month as follows Diner Statement of Expenses For the Month Ended May 31 Actual meals 4,100 Groceries...