Waterford Company Maintains a Cafeteria for Its Employees

question 128

Multiple Choice

Waterford Company maintains a cafeteria for its employees. For June, variable food costs were budgeted at $45 per employee based on a budgeted level of 200 employees in other departments. During the month, an average of 190 employees worked in other departments and actual food costs totaled $9,250. How much food cost should be charged to the other departments at the end of the month for performance evaluation purposes?

• A) $9,000.
• B) $9,250.
• C) $8,550.
• D) $9,737.

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Definitions:

Differences In Education

The variances in academic achievement, quality, and opportunities among individuals or groups, often influenced by social, economic, and geographic factors.

Noncash Transfer

Financial assistance provided in forms other than direct monetary payments, such as vouchers, benefits, or goods.

Income-Distribution Data

Information and statistics that detail how income is spread across different groups or individuals within a society.

In-Kind Transfer Payments

Non-cash payments made to individuals or entities, often in the form of goods or services, rather than cash.