Question
Please help and show work. Zuehlke Urban Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for
Please help and show work.
Zuehlke Urban Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for September was based on 2,400 meals, but the diner actually served 2,600 meals. The diner's director has provided the following cost data to use in the budget: groceries, $4.10 per meal; kitchen operations, $4,400 per month plus $1.70 per meal; administrative expenses, $3,400 per month plus $0.35 per meal; and fundraising expenses, $1,400 per month. The director has also provided the diner's statement of actual expenses for the month: |
Zuehlke Urban Diner Statement of Expenses For the Month Ended September 30 | ||
Actual meals | 2,600 | |
Groceries | $ | 10,610 |
Kitchen operations | 8,800 | |
Administrative expenses | 4,130 | |
Fundraising expenses | 1,400 | |
Total expense | $ | 24,940 |
Required: |
Prepare the report showing the activity variances for each of the expenses and for total expenses for September. (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.) |
Zuehlke Urban Diner Activity Variances For the Month Ended September 30 | ||
Groceries | $ | (Click to select)UNoneF |
Kitchen operations | (Click to select)FNoneU | |
Administrative expenses | (Click to select)NoneUF | |
Fundraising expenses | (Click to select)UFNone | |
Total expense | $ | (Click to select)FNoneU |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started