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B D E 1 Chapter 9: Applying Excel 2 3 Data 4 S 16.509 6.259 5 S Revenue Cost of ingredients Wages and salaries Utilities
B D E 1 Chapter 9: Applying Excel 2 3 Data 4 S 16.509 6.259 5 S Revenue Cost of ingredients Wages and salaries Utilities S 6 10,400 800 s s 0.2019 7 Rent S 000 2,200 800 Miscellaneous S S 0.809 Actual results: Revenue S 29,500 S 11,015 10.305 S 14 Cost of ingredients Wages and salaries Utilities Rent S 9 USM 98 15 S 1,145 2,200 2,005 16 Miscellaneous S 17 18 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 (i.e., zero variance)). The amount of the activity variance 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 (.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 (.e., zero variance)). The amount of the spending variance for total expenses
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