Question
Shiigi Urban Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for May is to be based
Shiigi Urban Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for May is to be based on 3,470 meals. The diner's director has provided the following cost data to use in the budget: groceries, $5.50 per meal; kitchen operations, $4,770 per month plus $5.50 per meal; administrative expenses, $3,970 per month plus $2.10 per meal; and fundraising expenses, $1,870 per month.
Required:
Prepare the diner's budget for the month of May. The budget will only contain the costs listed above; no revenues will be on the budget.
Shilgi Urban Diner
Planning Budget
For the Month Ended May 31
Budgeted meals 3470
Groceries
Kitchen operations
Administrative expenses
Fundraising expenses
Total expenses
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