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Exercise 2-49 (Algo) Cost Behavior and Forecasting (LO 2-5) Sophia's Restaurant served 5,800 meals last quarter. Sophia recorded the following costs with those meals. $14,800

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Exercise 2-49 (Algo) Cost Behavior and Forecasting (LO 2-5) Sophia's Restaurant served 5,800 meals last quarter. Sophia recorded the following costs with those meals. $14,800 12, 100 6,900 3,320 Variable costs: Ingredients used Direct labor Indirect materials and supplies Utilities Fixed costs: Managers' salaries Rent Depreciation on equipment (straight-line, time basis) Other costs 26,000 22,000 6,000 4,600 Required: Suppose that Sophia expects to serve 20 percent more meals in the next quarter. Unit variable costs are expected to remain unchanged. However, Sophia knows that if the restaurant serves over 6,380 meals in a quarter, she must hire an additional manager (part-time) at a cost of $7,800 for the quarter. Other fixed costs are expected to increase by 10 percent. Calculate the unit cost and the total cost if 6,960 meals are served next quarter. (Round "Unit costs" answer to 2 decimal places.) Total variable costs Total fixed costs Total costs Unit costs

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