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The restaurant at the Hotel Galaxy offers two choices for breakfast: an all-you-can-eat buffet and an a la carte option, where diners can order from

image text in transcribedimage text in transcribed The restaurant at the Hotel Galaxy offers two choices for breakfast: an all-you-can-eat buffet and an a la carte option, where diners can order from the menu. The buffet option has a budgeted meal price of $44. The a la carte option has a budgeted average price of $33 for a meal. The restaurant manager expects that 40 percent of its diners will order the buffet option. The buffet option has a budgeted varlable cost of $24 and the a la carte option averages $19 per meal in budgeted varlable cost. The manager estimates that 2,200 people will order a meal in any month. For July, the restaurant served a total of 2,000 meals, Including 780 buffet options. Total revenues were $35,100 for buffet meals and $42,700 for the a la carte meals. Required: a. Compute the actlvity varlance for the restaurant for July. b. Compute the mix and quantity varlances for July. Complete this question by entering your answers in the tabs below. Compute the activity variance for the restaurant for July. (Do not round intermediate calculations. Indicate the effect of each variance by selecting " F " for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Complete this question by entering your answers in the tabs below. Compute the mix and quantity variances for July. (Do not round intermediate calculations. Indicate the effect of each variance by selecting " F " for favorable, or " U " for unfavorable. If there is no effect, do not select either option.)

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