Use your intuition to make some calculations

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Unformatted text preview: ••••••• Problem: The cafeteria at First National Bank has the following information for the past three months: Number of meals served Cost of food sold Staff salaries and fringe benefits Rent and depreciation Utilities and other Total December 3,000 $18,000 14,500 4,000 2,100 $38,600 January 5,000 $30,000 16,500 4,000 3,300 $53,800 February 8,000 $48,000 19,500 4,000 5,100 $76,600 In March, the cafeteria expects to serve 10,000 meals. Develop a cost equation for the cafeteria that can be used to predict total monthly costs, then use it to predict costs for March. ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• ____________________________________________________________________________________________________________...
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This document was uploaded on 03/30/2014.

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