1) Workout Problem - Rekindle Diner provides free meals to the homeles. The badge for las was based on 3.800 meals. The following cost formules are used in the Rainde's Fixed element per month Variable element per mal Groceries so 52.15 Kitchen operations 55,400 $1.85 Administrative expenses $2,000 50.65 Fundraising expenses $1.300 $0.00 The manager has also listed the actual expenses for the month as follows Diner Statement of Expenses For the Month Ended May 31 Actual meals 4,100 Groceries 58.645 Kitchen operations $12.435 Administrative expenses 54.605 Fundraising expenses $1.320 Total expense $27.005 Required: e 25 points) On the next page, prepare a flexible budget performance reporte activity variances and the spending variances for each of the expenses for th May. Label each variance as favorable (F) or unfavorable (Ul. Hint prepare what we did in class for Zippy Airlines)