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Employees at Dynamic, Inc. enjoy free meals provided in an employee cafeteria. For the month of July, the employee cafeteria budgeted $34 of variable expenses
Employees at Dynamic, Inc. enjoy free meals provided in an employee cafeteria. For the month of July, the employee cafeteria budgeted $34 of variable expenses per employee, calculated using a budgeted average of 1,550 employees. During July, an average of 1,530 employees were actually working onsite. The employee cafeteria incurred actual variable costs of $55,200 for the month. For performance evaluation purposes at the end of July, how much variable expenses from the cafeteria should Dynamic, Inc. charge to the operating departments? Multiple Choice $55,200 $52,020 $52,700 $55,892
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