Question: Ruby Krisher Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for May was based on 3
Ruby Krisher Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for May was based on meals, but the diner actually served meals. The diner's director has provided the following cost data to use in the budget: groceries, $ per meal; kitchen operations, $ per month plus $ per meal; administrative expenses, $ per month plus $ per meal; and fundraising expenses, $ per month.
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 "None" for no effect ie zero variance
tableRub Krisher DinerActivity VariancesFor the Month Ended May Flexible Budget,Planning Budget,Activity VariancesMealsGroceriesKitchen operationsAdministrative expenses,,,.Fundraising expensesTotal expense,,,
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