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Anit [1.1K]
3 years ago
10

Sophia's Restaurant served 5,000 meals last quarter.

Business
1 answer:
aalyn [17]3 years ago
4 0

Answer:

Explanation:

Variable costs:

Ingredients used=$14,000

Direct labor=$10,500

Indirect materials and supplies=$5,300

Utilities=$1,700

Total Variable costs=$31,500

Fixed costs:

Managers' salaries=$22,000

Rent=$18,000

Depreciation on equipment (straight-line, time basis)=$2,000

Other fixed costs=$3,000

Total Fixed cost=$45,000

Total Cost = Total Variable cost + Total Fixed cost=

=31,500+45,000  = $76,500

Unit costs = Total cost / Number of meals  = 76,500/4,500  = $17

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Giving the following information:

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