atterson, Inc. has provided details of its actual cost data for the month. The Controller has asked you to compute the basic variances and the mpact of those variances on unit costs. Use the information included in the Excel Simulation and the Excel functions described below to complete he task: - Cell Reference: Allows you to refer to dota from another cell in the worksheet. From the Excel Simulation below, if in a blank cell, "=D4* was entered, the formula would output the result from cell D4, or 2.75 in this example. - Basic Moth functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add), - (minus sign to subtract). "(asterisk sign to muliply), and/ (forward slash to divide). From the Excel Simulation below, if in a blank cell "- F4+65" was entered, the formula would add the values from those cells and output the result, or 14,70 in this example. If using the other math symbols the fesult would output an appropriate answer for its function. - SUM function: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to utilize this function. From the Excel Simulation below, If in a blank cell "=SUM(D4,D5)" was entered, the formula would output the result of adding those two separate cells, or 5.45 in this example. Similarly, if in a blank cell "-SUM(D4:D5)" was entered, the formula would output the same resilt of adding those cells, except they are expressed as a range in the formula, and the result would be 5.45 in this example. - ABS function: Allows you to retutn the obsolute value of a number or calculation. You can reference any cell to display its absolute value. or surround another formula with the ABS function, to return the final result as an absolute value. From the Excel Simulation beiow, If in a blank cell you entered "=ABS(F7.GB)" Excel wili first colculate the subtraction of F7-G8 that resuits in -0.20 . Then, the ABS portion of the formula returns the absolute value of the subtraction result, which would be 0.20 in this example. - IF function; Allows you to test a condition and return a specific value is the resuit is true and different value if the result is false. The syntak of the IF function is "=IF(test condition,walue_it truevalue_I_falser and specific considerations need to be made when using this function. The test condition argument is an evaluation of the status of a cell, such as if the volue of a cell is greater than, less than, or equal to another number or cel. The value. it, true and value. it. fasse arguments wili retum any specific result for each option, such as another celi reference. a volue, or text. Throughout the entre equation, if text is being used in the test condition, value . C true, or vatue if folse arguments then the text inself should be entered in quotations so that Excel will recognize the text as a "atring of text" instead of another function. From the Excel Simulation below, if in a blank cell "HF(F13>20. Total Cost Por Unit is good"; Fotal Cost Per Unit is bad7 was entered, the formula would output the result of the value_. It true since the test condition would be result as true, or in this case the tent "Total Cost Per Unit is good". Excel processes the If function by separatng it out into separate parts. First the test, condition - Excel thinks, find cell FI3 and determine if the value is greater than 20 . Once Excel determines if the result of that lest condition is TRUE or FALSE, 1t will return the value it trie or value. IC false. tion \#3 i Saved \#3 i Saved