Shiigi Urban Diner is a charity supported by donations that provides free meals

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 3,460 meals. The diner's director has provided the following cost data to use in the budget: groceries, $5.40 per meal: kitchen operations, $4,760 per month plus $5.25 per meal; administrative expenses, $3,960 per month plus $2.00 per meal; and fundraising expenses, $1,860 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. Shiigi Urban Diner Planning Budget For the Month Ended May 31 Budgeted meals 3,460 Groceries Kitchen operations Administrative expenses Fundraising expenses Total expense

Explanation / Answer

Shiigi Urban Diner

Planninf Budget

For the Month Ended May 31

Budgeted meals 3,460 Groceries(3,460 * $5.40) $18,684 Kitchen operations(3,460 * $5.25) + $4,760 $22,925 Administrative expenses(3,460 * $2.00) + $3,960 $10,880 Fundraising expenses $1,860 Total expenses $54,349

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