Eats for kids is an organization that provides lunches to children in the summer when they are out of school.

13 Eats for Kids is an organization that provides lunches to children in the summer when they are out of school. For the most recent month of Kitchen Operations, the organization reported the following Fixed Cost per month Variable Cost per meal Budget for Kitchen Operations Budget number of meals Actual Kitchen Operations Expenses 1.75 3,900 meals 1,010 3,400 meals Actual number of meals Spending Variance for Kitchen Operations 660 Unfavorable Given the reported variance, the organization's budgeted fixed cost per month would be closest to A. S 3,525 S 4,400 C. S 4,845 D.S 5,720 E. None of the above 4 Which of the following statements is false? A. Flexible budgets can be used when there is more than one cost driver B. The fixed component of a budget for a cost has no effect on its activity variance C. When there is a favorable spending variance, actual activity must be less that budgeted activity D. To understand performance better, actual results sh E. If actual activity exceeds budgeted activity, the activity variance for an expense will never be favorable ould be compared to the flexible budget