Question
Sophia's restaurant served 6500 meals last quarter. Sophia recorded the following costs with those meals. Variable costs Ingredients used: 17,050 direct labour 13,500 Indirect materials
Sophia's restaurant served 6500 meals last quarter. Sophia recorded the following costs with those meals.
Variable costs
Ingredients used: 17,050
direct labour 13,500
Indirect materials and supplies 8,300
Utilities 4,700
Fixed costs
Managers salaries 29,500
rent 25,500
Depreciation on equipment(straight line, time basis 9,500
other fixed costs 10,425
Required
unit variable costs and total fixed costs are expected to remain unchanged next quarter. Calculate the unit cost and total cost if 5,850 meals are served next quarter.
Total variable cost
total fixed cost
total costs
unit costs
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