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New York Memorial Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for March was based on
New York Memorial Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for March was based on 2,900 meals, but the diner actually served 3,000 meals. The diner's director has provided the following cost formulas to use in budgets:
Fixed Element per Month | Variable Element per meal | |
Groceries | $0 | $2.40 |
Kitchen operations | $5,600 | $1.10 |
Administrative expenses | $3,000 | $0.30 |
Fundraising expenses | $1,200 | $0 |
According to the flexible budget, total expense for the month of March should be:
a) | $21,200 |
b) | $20,820 |
c) | $24,600 |
d) | $19,150 |
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