Grogam Catering Uses Activity-Based Costing for Its Overhead Costs $\quad$

question 96

Multiple Choice

Grogam Catering uses activity-based costing for its overhead costs. The company has provided the following data concerning the activity rates in its activity-based costing system: $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\text { Activity Cost Pools }$
$\begin{array}{|l|r|r|} \hline& \text { Preparing Meals } & \text { Arranging Functions } \\\hline \text { Wages } & \$ 1.15 & \$ 110.00 \\\hline \text { Supplies } & \$ 0.35 & \$ 380.00 \\\hline \text { Other expenses } & \$ 0.25 & \$ 70.00\\\hline \end{array}$
The number of meals served is the measure of activity for the Preparing Meals activity cost pool. The number of functions catered is used as the activity measure for the Arranging Functions activity cost pool.

Management would like to know whether the company made any money on a recent function at which 100 meals were served. The company catered the function for a fixed price of $21.00 per meal. The cost of the raw ingredients for the meals was $8.25 per meal. This cost is in addition to the costs of wages, supplies, and other expenses detailed above.

-According to the activity-based costing system,what was the total cost (including the costs of raw ingredients) of the function mentioned above,rounded to the nearest whole dollar?

• A) $910.
• B) $1,060.
• C) $1,560.
• D) $1,760.

Understand different perspectives and factors influencing the decision to have children, including cultural expectations.

Identify and explain the effects of parenthood on interpersonal relationships and individual emotional health.

Recognize the legal, social, and medical aspects of abortion and contraception in the United States.

Assess the impact of childlessness by choice or circumstance on couples and society.

---

Definitions:

Military Spending

The financial allocation by a government for maintaining and equipping its armed forces, including expenses for salaries, equipment, and operations.

Consumer Spending

The total value of goods and services purchased by households during a specific period, an important component of a country's gross domestic product (GDP).

2001 Recession

A brief economic downturn that occurred in the United States in 2001, marked by a decrease in GDP and triggered by the burst of the dot-com bubble.

Federal Government

The national government of a federated state, which is responsible for certain functions such as defense and monetary policy.