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Please calculate the Fruit Quantity Variance for me? Byleth is a part-time employee at a daycare and has responsibility over all food purchases and preparation

Please calculate the Fruit Quantity Variance for me?

Byleth is a part-time employee at a daycare and has responsibility over all food purchases and preparation for the kids. Food costs (snacks for the kids, including peanut butter and jelly sandwiches and fruit) this year were $46,561, which is $239 less than the $46,800 that Byleths bossInklingbudgeted at the beginning of the year (i.e., the static budget), so Inkling is considering giving Byleth a small bonus. Use the cost information below to compute the required variances. Be sure to indicate whether the variance is favorable (F) or unfavorable (U).

Budgeted number of snacks 18,000

Actual number of snacks served 17,500

Bread

Fruit

Standard price

$5.00 per loaf (20 slices) i.e., $0.25 per slice

$0.50 per piece of fruit

Standard quantity

2 slices per snack

2 pieces of fruit per snack

Actual price

$5.00 per loaf (20 slices) i.e., $0.25 per slice

$0.48 per piece of fruit

Actual quantity

2.2 slices per snack

$2.04 pieces of fruit per snack

Please enter numbers only (no "$" sign), and then without adding a "space" indicate if the variance was favorable "F" or unfavorable "U".

Fruit Quantity Variance = ?

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