Solimini Memorial Diner Is a Charity Supported by Donations That

Essay

Solimini Memorial Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for January was based on 3,900 meals, but the diner actually served 3,400 meals. The diner's director has provided the following cost formulas to use in budgets:
Required:
Prepare a report showing the activity variances for each of the expenses and for total expenses for January. Label each variance as favorable (F) or unfavorable (U).