Flicker Urban Diner Is a Charity Supported by Donations That

Essay

Flicker Urban Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for December was based on 2,400 meals, but the diner actually served 2,300 meals. The diner's director has provided the following cost data to use in the budget: groceries, $2.00 per meal; kitchen operations, $5,100 per month plus $1.85 per meal; administrative expenses, $2,900 per month plus $0.65 per meal; and fundraising expenses, $1,000 per month.
Required:
Prepare a report showing the activity variances for each of the expenses and for total expenses for December. Label each variance as favorable (F) or unfavorable (U).