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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
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 2,800 meals, but the diner actually served 3,000 meals. The diner's director has provided the following cost data to use in the budget: groceries, $4.30 per meal; kitchen operations, $4,800 per month plus $1.74 per meal; administrative expenses, $3,800 per month plus $0.39 per meal; and fundraising expenses, $1,800 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 Required: 3,000 $ 12,850 10,000 4,790 1,800 $ 29,440 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.) Meals Groceries Kitchen operations Administrative expenses Fundraising expenses Total expense Adamyan Urban Diner Activity Variances For the Month Ended May 31 Flexible Budget Planning Budget Activity Variances 3,000 2,800
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