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Carreras Corso Spanish restaurant in a college town. The owner expects that the number of meals served in June w NO DOC below those served

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Carreras Corso Spanish restaurant in a college town. The owner expects that the number of meals served in June w NO DOC below those served in Mary, because so many students leave for the summer in May, the restaurem served 4,300 mees on wwerage price of $25. In the summer wune through August, the average price of a meel typically increases by 35 percent and the average food cost of a meal increases by 15 percent. Other costs are typically unchanged during the summer. The following cost information is available for May roget 10000 10 5.000 ta Total Dervio COSE 5,000 200 310,000 Heketing (Variable with poet to malo). Total marketing and administrative cont rotalcoat Required: Prepare a budgeted Income statement for June. (Do not round Intermediate calculations.) Service costs: 0 Total service costs Marketing and Administrative

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