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Onxy Onxy
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7 years ago
A group of coworkers went to lunch at the mall. Listed below is the total cost of each individual meal.

   Matthew   Hank   Shawn   Rachel   Marla   Jim
Entrée Cost   $12   $21   $16   $15   $61   $14
Dessert   0   8   5   5   17   3
Drinks   3   13   7   5   31   7
Total   $15   $42   $28   $25   $109   $24

Required:
Compute the average cost per dinner. When the costs are averaged across all six dinners, is Marla overcosted or undercosted?
A) $30.10; undercosted.
B) $42.16; undercosted.
C) $45.25; overcosted.
D) $58.19; undercosted.
E) $62.19; overcosted.
Textbook 
Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
Authors:
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lordingtonlordington
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7 years ago
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Onxy Author
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7 years ago
Thank you, thank you, thank you!
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Smart ... Thanks!
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Helped a lot
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