Supreme Catering
at the End of January, Supreme Catering Prepared

question 97

Multiple Choice

Supreme Catering
At the end of January, Supreme Catering prepared the following budget for the upcoming month of February estimating that they would serve 3000 people:
$\begin{array}{lr} \text { Sales revenue per guest } &\$20\\ \text { Variable costs per guest} &8\\ \text { Total fixed costs } &\$5000\\\end{array}$

During February, there were 2700 guests actually served. Actual costs incurred were $27 000 for variable costs and $6500 for fixed costs. Each guest was charged $20.
-Supreme Catering's flexible budget variance for February would show a variance of:

• A) $ 6900 U
• B) $ 6900 F
• C) $10 500 U
• D) $10 500 F

---

Definitions:

Receiving Help

The act of accepting assistance or support from others, which can be necessary in times of need, difficulty, or learning new skills.

Research

The systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions.

Sense Of Solidarity

The feeling of unity and mutual support within a group, often arising from shared interests or objectives.

In-Group

A group to which an individual belongs, identifying as a member, often leading to favoritism and bias towards group members.