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3 of 8 2. Laker Diner is a charity supported by donations that provides froe meals to the homeless. The diner's budget for January was

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3 of 8 2. Laker Diner is a charity supported by donations that provides froe meals to the homeless. The diner's budget for January was based on 3,400 meals, but the diner actually served 3,800 meals. The diners director has provided the following cost formulas to use in budgets Fixed Variable clement ccmnt mcal $0 3.65 $5,100 $1.55 $3,200 $0.75 $1,800 $0.00 month Grooeries The director has also provided the diners statement of actual expenses for the month Socha Memorial Diner Statement of Expenses For the Month Ended January 31 3,800 Groccrics $13,230 11,130 6,150 Total e $32,340 Prepare a report showing the spending variances for each of the expenses and for total expenses for January. Label each variance as favorable (F) or unfavorable (U)

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