Socha Memorial Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for January was based on 3,400 meals, but the diner actually served 3,800 meals. The diner's director has provided the following cost formulas to use in budgets: The director has also provided the diner's statement of actual expenses for the month: 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).

Question

Socha Memorial Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for January was based on 3,400 meals, but the diner actually served 3,800 meals. The diner's director has provided the following cost formulas to use in budgets:  The director has also provided the diner's statement of actual expenses for the month:  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).

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The Answer of Socha Memorial Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for January was based on 3,400 meals, but the diner actually served 3,800 meals. The diner's director has provided the following cost formulas to use in budgets:  The director has also provided the diner's statement of actual expenses for the month:  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).

Socha Memorial Diner Is a Charity Supported by Donations That