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Adamyan Urban Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for May was based on 3,300
Adamyan Urban Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for May was based on 3,300 meals, but the diner actually served 3,500 meals. The diner's director has provided the following cost data to use in the budget: groceries, $4.55 per meal; kitchen operations, $5,300 per month plus $1.79 per meal; administrative expenses, $4,300 per month plus $0.44 per meal; and fundraising expenses, $2,300 per month. The director has also provided the diner's statement of actual expenses for the month Adamyan Urban Diner Statement of Expenses For the Month Ended May 31 Actual meals Groceries Kitchen operations Administrative expenses Fundraising expenses Total expense 3,500 $15,875 11,300 5,660 2,300 $35,135 Required: Prepare a report showing the activity variances for each of the expenses and for total expenses for May. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Required: Prepare a report showing the activity variances for each of the expenses and for total expenses for May. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Adamyan Urban Diner Activity Variances For the Month Ended May 31 Flexible Planning Activity Variances Budget Budget Meals Groceries Kitchen operations Administrative expenses Fundraising expen Total expense 3,500 3,300 ses
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