Trumball Catering served 5,000 meals last month. Trumball recorded the following costs with those meals: Variable costs: Ingredients used Direct labor Indirect materials and supplies Utilities Truck fuel and other variable costs. Fixed costs: Managers' salaries Rent Depreciation on trucks and equipment (straight-line, time basis) Miscellaneous fixed costs $ 11, 200 24,500 11,300 4,900 7,200 Total variable costs Total fixed costs Total costs Unit costs $ 33,700 19,200 12,600 5,500 Required: Unit variable costs and total fixed costs are expected to remain unchanged next quarter. Calculate the unit cost and the total cost if 6,000 meals are served next quarter. Note: Round "Unit costs" answer to 2 decimal places.
Trumball Catering served 5,000 meals last month. Trumball recorded the following costs with those meals: Variable costs: Ingredients used Direct labor Indirect materials and supplies Utilities Truck fuel and other variable costs. Fixed costs: Managers' salaries Rent Depreciation on trucks and equipment (straight-line, time basis) Miscellaneous fixed costs $ 11, 200 24,500 11,300 4,900 7,200 Total variable costs Total fixed costs Total costs Unit costs $ 33,700 19,200 12,600 5,500 Required: Unit variable costs and total fixed costs are expected to remain unchanged next quarter. Calculate the unit cost and the total cost if 6,000 meals are served next quarter. Note: Round "Unit costs" answer to 2 decimal places.
Chapter5: Process Costing
Section: Chapter Questions
Problem 1PA: The following product Costs are available for Haworth Company on the production of chairs: direct...
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