ds Revise the data in your worksheet to reflect the results for the sub A B D E 1 Chapter 9: Applying Excel 2 2 3 Data 4 $ 4 5 16.509 6.259 $ Revenue Cost of ingredients Wages and salaries Utilities 6 ON 7 U 10,400 800 2,200 $ 0.209 8 Rent $ 9 Miscellaneous $ 600 + 0.809 10 Actual results: 11 $ 12 13 $ $ 14 Revenue Cost of ingredients Wages and salaries Utilities Rent Miscellaneous 30,175 11,150 10,300 1,185 2,200 2,080 $ 15 16 17 on $ 18 19 Planning budget activity Actual activity 1,700 meals served 1,800 meals served 20 a. What is the activity variance for revenue? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (le, zero variance)). The amount of the activity variance for revenue pos b. What is the spending variance for the cost of ingredients? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)). The amount of the spending variance for the cost of ingredients c. What is spending variance for wages and salaries? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)). The amount of the spending variance for wages and salaries os d. What is spending variance for total expenses? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)). The amount of the spending variance for total expenses Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below. B D E 1 Chapter 9: Applying Excel 2. 2 3 4 $ $ 16.5019 6.259 5 Data Revenue Cost of ingredients Wages and salaries Utilities Rent 6 $ va $ $ 0.2019 7 8 10,400 800 2.200 600 $ 00 9 Miscellaneous $ $ 0.809 10 11 Actual results 12 $ $ 13 14 15 Revenue Cost of ingredients Wages and salaries Utilities Rent Miscellaneous $ $ $ 29,665 11.245 10.280 1.180 2.200 2075 16 $ 17 18 19 20 Planning budget activity Actual activity 1.700 meals served 1.800 meals served a. What is the activity variance for revenue? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance), The amount of the activity vanance for revenue b. What is the spending variance for the cost of ingredients? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)). The amount of the spending variance for the cost of ingredients c. What is spending variance for wages and salaries? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)). The amount of the spending variance for wages and salaries d. What is spending variance for total expenses? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.e., zero variance), The amount of the spending variance for total expenses
