Managerial Acct.

# Managerial Acct. - 1 Dee's Steak House has budgeted the...

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1. Dee's Steak House has budgeted the following costs for a month in which 1,500 steak dinners will be produced and sold. Materials, \$3,750; labor (variable), \$3,000; rent (fixed) \$2,400; straight line depreciation, \$600 and other costs that don't change with volume, \$1,800. Dee sells the steaks for \$10.00 each. What is the variable cost per unit? \$4.50 \$7.70 \$2.50 \$3.20 3750 + 3000 / 1500 = 4.50  2. Dee's Steak House has budgeted the following costs for a month in which 1,500 steak dinners will be produced and sold. Materials, \$3,750; labor (variable), \$3,000; rent (fixed) \$2,400; straight line depreciation, \$600 and other costs that don't change with volume, \$1,800. Dee sells the steaks for \$10.00 each. What are the total variable costs? \$3,750.00 \$6,750.00 \$9,150.00 \$11,550.00 materials and labor, 3750 + 3000 chapter 1 3. Dee's Steak House has budgeted the following costs for a month in which 1,500 steak dinners will be produced and sold. Materials, \$3,750; labor (variable), \$3,000; rent (fixed) \$2,400; straight line depreciation, \$600 and other costs that don't change with volume, \$1,800. Dee sells the steaks for \$10.00 each. What are the total fixed costs? \$11,500.00 \$7,800.00 \$4,800.00 \$3,750.00 2400+600+1800 chapter 1 : 4. Dee's Steak House has budgeted the following costs for a month in which 1,500 steak dinners will be produced and sold. Materials, \$3,750; labor (variable), \$3,000; rent (fixed) \$2,400; straight line depreciation, \$600 and other costs that don't change with volume, \$1,800. Dee sells the steaks for \$10.00 each. What is the budgeted fixed cost per unit? \$2.00

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Managerial Acct. - 1 Dee's Steak House has budgeted the...

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