Adamyan Urban Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for May ww based on 2,800 meals, but the diner actually served 3,000 meals. The diner's director has provided the following cost date to use the budget groceries, $4.30 per meal; kitchen operations, $4,800 per month plus $1.74 per mest administrative expenses $3.300 per month plus $0.39 per meal, and fundraising expenses, $1,800 per month. The director has also provided the diner's state actual expenses for the month: Adamyan Urban Diner Statement of Expenses For the Month Ended May 31 Actual meals Groceries Kitchen operations Administrative expenses Fundraising expenses Total expense 3,000 $ 12,850 10,000 4,790 1,800 $ 29,440 Required: Prepare a report showing the activity variances for each of the expenses and for total expenses for May Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1e, zero wariance). Input all amounts as positive values.

Adamyan Urban Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for May ww based on 2,800 meals, but the diner actually served 3,000 meals. The diner's director has provided the following cost date to use the budget groceries, $4.30 per meal; kitchen operations, $4,800 per month plus $1.74 per mest administrative expenses $3.300 per month plus $0.39 per meal, and fundraising expenses, $1,800 per month. The director has also provided the diner's state actual expenses for the month: Adamyan Urban Diner Statement of Expenses For the Month Ended May 31 Actual meals Groceries Kitchen operations Administrative expenses Fundraising expenses Total expense 3,000 $ 12,850 10,000 4,790 1,800 $ 29,440 Required: Prepare a report showing the activity variances for each of the expenses and for total expenses for May Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1e, zero wariance). Input all amounts as positive values.

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter11: Linear Optimization Models

Section: Chapter Questions

Problem 2P: The Sea Wharf Restaurant would like to determine the best way to allocate a monthly advertising...

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