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 on 3,380 meals. The diner's director has provided the following cost data to use in the budget: groceries, $4.60 per meal; kitchen operations, $4,680 per month plus $3.25 per meal; administrative expenses, $3,880 per month plus $1.20 per meal; and fundraising expenses, $1,780 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.

Answer 1

Shiigi urban Dinner
Planning Budget
For the month ended May 31
Budgeted Meals	3,380
Groceries (4.6*3380)	$        15,548
Kitchen Operations 4680+(3.25*3380)	$        15,665
Administrative expenses 3880+(1.2*3380)	$          7,936
Fundraising expenses	$          1,780
Total expense	$        40,929