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"because the price of a bowl of cereal with milk and fruit "is less than a dollar."

https://www.businessinsider.com/personal-finance/kellogg-ceo-cereal-dinner-save-money-2024-2

First things first.

9 oz of Special K costs $5.99 (7 servings / 7 cups) so $0.86 for the cereal

1/2 gal milk costs $2.99 (8 servings / 8 cups) so $0.37 for the milk

That's $1.23 already. Oops.

Cheapest fruit is probably a banana at $0.29.

That's $1.52.

If an employee spent 52% over budget I imagine they'd be fired

I'd like to see him survive on 374 calories for dinner