In the last accounting period, a food service director served 12,000 student meals, had a cost of food consumed of $36,500, and incurred $1,000 of employee meal costs. What was this director's cost per meal served in the accounting period?

Question

Quizplus · Accepted Answer

The cost per meal is calculated by dividing the total cost of food consumed, including employee meal costs, by the number of meals served. Thus, ($36,500 + $1,000) / 12,000 = $37,500 / 12,000 = $3.125. However, since none of the options exactly match this calculation, the closest option, which is $3.13 (Option D), is actually the correct answer. My initial indication of Option B as the correct answer was incorrect. The correct answer should be D, based on the calculation provided.

In the Last Accounting Period, a Food Service Director Served