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 (i.e., zero variance)).

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)).

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)).

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)).

) ) 1 Chapter 9: Applying Excel 2 3 Data 4 Revenue $ 16.50 9 5 6.25 a Cost of ingredients Wages and salaries 6 10,400 $ $ 7 Utilities 800 + $ 0.209 8 Rent $ 2,200 9 Miscellaneous 600 + $ 0.80 9 10 11 Actual results: 12 Revenue $ 30,215 13 Cost of ingredients 14 Wages and salaries $ 11,260 10,180 1,120 15 Utilities 16 Rent $ 2,200 17 Miscellaneous $ 2,045 18 1,700 meals served 19 Planning budget activity 20 Actual activity 1,800 meals served