Question Completion Status: QUESTION 2 Adrian Ederer operates a school foodservice department in a small, rural community. He feeds approximately 1,000 students per day in three different locations. He receives an average of $1.55 in revenues per meal. His budget, set at the beginning of the school year by the superintendent, is developed in such a way that a small amount is to be reserved for future equipment purchases and dining-room renovation. These funds are available, however, only if Adrian meets his budget. He hopes to use this year's reserve (profit) to buy a $10,500 ice cream machine for the high school. Because it is the midpoint of his school year, help him determine her "performance to budget" thus far (fill in all blanks). Do not type the percentage (9) character in the righmost column. Only the numbers are sufficient. For example, type 50.1 instead of 50.1% Please round off to one digit after the decimal point. For example, such as XX.X Item Budget Actual % of budget Meals 345,000 served 169,000 Revenue 245,000 123,125 204,250 104,250 Food expense Labor expense Other expense Total expenses 75,000 39,158 524,250 Reserve 10,500 Assumine that the vear is 50 percent completed and Adrian continues doing what he is doing, is he likely to meet the reserve requirement and thus be Click Save and Submit to sue and submit. Click Save All Answers to see all stars. Save All Answers Meals served 345,000 169,000 Revenue 245,000 123,125 204,250 104,250 Food expense Labor expense Other expense Total expenses Reserve 75,000 39,158 524,250 10,500 Assuming that the year is 50 percent completed and Adrian continues doing what he is doing, is he likely to meet the reserve requirement and thus be able to purchase the ice cream machine by the end of the year? If not, what changes should he make over the next six months to ensure that he will have the $10,500 in reserve? Will Adrian be able to purchase the ice cream machine by the end of the year? Yes or no? What changes should he make? QUESTION 3 Click Save and submit to save and submit. Click Save All ATS to save all answers Save All Answers Question Completion Status: QUESTION 3 Peggy Richey operates Peggy's Pizza Place in southern California. She has maintained a sales history from January through June, and wants to compare this year's sales with last year's sales. Calculate her sales variances and percentage variances for the first six months of the year. Please complete the blank cells in the following table by typing in the correct numbers. Please do NOT type dollar signs (5) or percentage signs (%). Just numbers. For the Percentage variance (%) numbers, please round off to one digit after the decimal point (for example, XX.X). Month Sales this year (5) Sales last year (5) Variance ($) Percentage variance (%) January 85,430 88,741 February 75,820 78,021 March 95,287 95,187 April 91,541 86,512 May 77,847 74,845 June 65,384 61,235 1.4 TOTAL Click Save and Submit to save and submit. Click Save All Ansters to save all answers Save All Answers