Akes Urban Diner is a charity supported by donations that provides free meals to the homeless The di

Akes Urban Diner is a charity supported by donations that provides free meals to the homeless The diner’s budget for August was based on 2,200 meals The diner’s director has provided the following cost data to use in the budget: groceries, $365 per meal; kitchen operations, $5,400 per month plus $185 per meal; administrative expenses, $2,900 per month plus $055 per meal; and fundraising expenses, $1,700 per month The director has also provided the diner’s statement of actual expenses for the month:

Akes Urban Diner

Statement of Expenses

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

For the Month Ended August 31

Actual meals2600

Groceries$9890

Kitchen operations9710

Administrative expenses4270

Fundraising expenses1700

Total expense$25570

Required:

Prepare a flexible budget performance report showing both the activity variances and the spending variances for each of the expenses and for total expenses for August Label each variance as favorable (F) or unfavorable (U)

 

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Use Code FREE15