Week 4 Exercises

# Week 4 Exercises - EXERCISES Exercise 10.1 During the sixth...

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E X E R C I S E S Exercise 10.1 During the sixth month of the fiscal year, the program director of the Westchester Home- Delivered Meals (WHDM) program decides to again recompute fixed costs, variable costs, and the BEP using the high–low method. Here are the number of meals served and the total costs of the program for each of the first six months: Month Meals Served Total Costs July 3,500 \$20,500 August 4,000 \$22,600 September 4,200 \$24,500 October 4,600 \$24,500 November 4,700 \$25,000 December 4,900 \$26,000 Recompute fixed costs, variable costs, and the BEP. What are the variable costs? \$12,740 What are the fixed costs? \$7760 How many meals will the WHDM program need to provide during the fiscal year to reach the BEP? 43,716 How much profit will the program earn if it completes its 45,000-meal contract with the City of Westchester? \$2735 Exercise 10.2 It has been two years since the New River Community Council (NRCC) started its newsletter dealing with state and community funding opportunities for human service agencies. The current
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## This note was uploaded on 03/08/2010 for the course HSM HSM 260 taught by Professor Unsure during the Spring '10 term at University of Phoenix.

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