Essay
Aubuchon Urban Diner is a charity supported by donations that provides free meals to the homeless.The diner's budget for March was based on 3,400 meals,but the diner actually served 3,100 meals.The diner's director has provided the following cost data to use in the budget: groceries,$2.90 per meal;kitchen operations,$4,900 per month plus $1.05 per meal;administrative expenses,$3,600 per month plus $0.25 per meal;and fundraising expenses,$1,700 per month.
Required:
Prepare a report showing the activity variances for each of the expenses and for total expenses for March.Label each variance as favorable (F)or unfavorable (U).
Correct Answer:

Verified
Correct Answer:
Verified
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