$16.509 $6.259 Data Revenue Cost of ingredients Wages and salaries Utilities Rent Miscellaneous + $10,400 $800 $2,200 $600 $0.20 g + $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 fomula into each of the cells marked with a ? below Review Problem: Variance Analysis Using a Flexible Budget Construct a flexible budget performance report Actual Results Revenue and Spending Variances ? 2 Flexible Activity Budget Variances ? ? ? Planning Budget ? 2 ? ? Meals served Revenue 2 Expenses: Cost of ingredients Wages and salaries Utilities Rent Miscellaneous B Total expenses 9 Net operating income 5 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 2 ? 7 2