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$16.50 $6.25 a Data Revenue Cost of ingredients Wages and salaries Utilities Rent Miscellaneous $10,400 $800 $2,200 $600 $0.20 4 $0.80 g Actual results: Revenue

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$16.50 $6.25 a Data Revenue Cost of ingredients Wages and salaries Utilities Rent Miscellaneous $10,400 $800 $2,200 $600 $0.20 4 $0.80 g Actual results: Revenue Cost of ingredients Wages and salaries Utilities Rent Miscellaneous $27.920 $11,110 $10,130 $1,080 $2,200 $2,240 Planning budget activity Actual activity 1,800 meals served 1,700 meals served Enter a formula into each of the cells marked with a shaded space) below Review Problem: Variance Analysis Using a Flexible Budget Construct a flexible budget performance report Actual Results Revenue and Spending Variances Flexible Budget Activity Variances Planning Budget Meals served Revenue Expenses: Cost of ingredients Wages and salaries Utilities Rent Miscellaneous Total expenses Net operating income

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