Shiigi Urban Diner is a charity supported by donations that provides free meals to the...
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Accounting
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 3,450 meals. The diner's director has provided the following cost data to use in the budget: groceries, $5.30 per meal; kitchen operations, $4,750 per month plus $5.00 per meal; administrative expenses, $3,950 per month plus $1.90 per meal; and fundraising expenses, $1,850 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 3,450 Groceries Kitchen operations Administrative expenses Fundraising expenses Total expense
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