Question: Exercise 2 - 5 3 ( Static ) Cost Behavior and Forecasting ( LO 2 - 5 ) Trumball Catering served 4 , 0 0
Exercise Static Cost Behavior and Forecasting LO
Trumball Catering served meals last month. Trumball recorded the following costs with those meals:Required:Trumball expects to serve percent more meals in the next month. Unit variable costs are expected to remain unchanged. The controller at Trumball knows that if the business caters over meals in a month, the company must hire an additional manager parttime at a cost of $ for the month. Miscellaneous fixed costs are expected to increase by percent.Calculate the unit cost and the total cost if expectations for costs and volume are met next month.Note: Round "Unit costs" answer to decimal places.
tableTotal variable costs,$
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