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1 2 Exercise 2.51 (Static) Cost Behavior and Forecasting (LO 2.5) Trumball Catering served 4,000 meais last month. Trumball recorded the following costs with those
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Exercise 2.51 (Static) Cost Behavior and Forecasting (LO 2.5) Trumball Catering served 4,000 meais last month. Trumball recorded the following costs with those meals: 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. (Round "Unit costs" onswer to 2 decimal ploces.) Exercise 2-43 (Static) Prepare Statements for a Service Company (LO 2-2) Tuscola Counseling Services is a small firm that advises Jds seekers on both employment and education alternatives. Robert Gibson, the founder and president, has collected the following information for year just ended: Required: Prepare an income statement for the year just ended for Tuscola Counseling Services. (Loss amount should be indicated with a minus sign.) \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ TUSCOLA COUNSELING SERVICEF } \\ \hline \multicolumn{2}{|c|}{ Income Statement } \\ \hline For the Year Just Ended & & \\ \hline Cost of services sold & & \\ \hline & & \\ \hline Total costs of services sold & & \\ \hline & & \\ \hline Marketing and administrative costs & & \\ \hline & & \\ \hline \end{tabular} Exercise 2.51 (Static) Cost Behavior and Forecasting (LO 2.5) Trumball Catering served 4,000 meais last month. Trumball recorded the following costs with those meals: 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. (Round "Unit costs" onswer to 2 decimal ploces.) Exercise 2-43 (Static) Prepare Statements for a Service Company (LO 2-2) Tuscola Counseling Services is a small firm that advises Jds seekers on both employment and education alternatives. Robert Gibson, the founder and president, has collected the following information for year just ended: Required: Prepare an income statement for the year just ended for Tuscola Counseling Services. (Loss amount should be indicated with a minus sign.) \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ TUSCOLA COUNSELING SERVICEF } \\ \hline \multicolumn{2}{|c|}{ Income Statement } \\ \hline For the Year Just Ended & & \\ \hline Cost of services sold & & \\ \hline & & \\ \hline Total costs of services sold & & \\ \hline & & \\ \hline Marketing and administrative costs & & \\ \hline & & \\ \hline \end{tabular} 2
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