279.Pinion Memorial Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for August was based on 2,700 meals. The diner's director has provided the following cost formulas to use in budgets: Fixed Variable element element per month per meal $0 $3.10 Kitchen operations$4,700 $1.55 Groceries Admistrative expenses.$3,400 0.40 Fundraising expense. 1,800 $0.00 The director has also provided the diner's statement of actual expenses for the month: Pinion Memorial Diner Statement of Expenses For the Month Ended August 31 Actual meals 2,200 Groceries ..$6,530 Kitohen operations.4320 8,470 Fundraising expenses...1.770 $21.090 Total expense Required: Prepare a report showing the spending variances for each of the expenses and for total expenses for August. Label each variance as favorable (F) or unfavorable (U)