What is the budgeted total variable cost


Shula's 347 Grill has budgeted the following costs for a month in which 1,600 steak dinners will be produced and sold: materials, $4,080; hourly labor (variable), $5,200; rent (fixed), $1,700; depreciation, $800; and other fixed costs, $600. Each steak dinner sells for $14.00 each. What is the budgeted total variable cost?

1) $5,200

2) $9,280

3) $10,080

4) $2,300

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Accounting Basics: What is the budgeted total variable cost
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