Question: help me please ! Gracious Meal is a charity supported by donations that provides free meals to the homeless. The budget for April was based
Gracious Meal is a charity supported by donations that provides free meals to the homeless. The budget for April was based on 2,500 meals, but the it actually served 2,900 meals. Below are the static and flexible budgets, as well as actual results, in relation to costs for the month of April: Groceries Kitchen operations Administrative expenses Fundraising expenses Static Budget $9,750 8,050 5,325 1,300 Flexible Budget $11,310 8,650 5,665 1,300 Actual Result $12,000 8,550 5,450 1,275 Required: a. Explain the difference between static and flexible budget. (5 marks) b. Comment on the performance of Gracious Meal in April. (10 marks) c. In your opinion, what other information is necessary to help the organization in evaluating further its cost performance in April
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