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Required: Prepare a report showing the activity variances for each of the expenses and for total expenses for May. Note: Input all amounts as positive
Required: Prepare a report showing the activity variances for each of the expenses and for total expenses for May. Note: Input all amounts as positive values. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "N (L.e., zero variance). Meals Groceries Kitchen operations Administrative expenses Fundraising expenses Total expense Rub Krisher Diner Activity Variances For the Month Ended May 31 Flexible Planning Budget Budget $ 3,200 14,080 10,632 5,312 2,000 32,024 $ S 3.000 13,200 10,280 5,230 2,000 30,710 $ Activity Variances 880 352 82 0 $ 1,314 U U None U 3000
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