Question
Chapter 10: Applying Excel FIll in the questions marks! Data Revenue $16.50 q Cost of ingredients $6.25 q Wages and salaries $10,400 Utilities $800 +
| Chapter 10: Applying Excel | |||||||
| FIll in the questions marks! | |||||||
| Data | |||||||
| Revenue | $16.50 | q | |||||
| Cost of ingredients | $6.25 | q | |||||
| Wages and salaries | $10,400 | ||||||
| Utilities | $800 | + | $0.20 | q | |||
| Rent | $2,200 | ||||||
| Miscellaneous | $600 | + | $0.80 | q | |||
| Actual results: | |||||||
| Revenue | $27,920 | ||||||
| Cost of ingredients | $11,110 | ||||||
| Wages and salaries | $10,130 | ||||||
| Utilities | $1,080 | ||||||
| Rent | $2,200 | ||||||
| Miscellaneous | $2,240 | ||||||
| Planning budget activity | 1,800 | meals served | |||||
| Actual activity | 1,700 | meals served | |||||
| Enter a formula into each of the cells marked with a ? below | |||||||
| Review Problem: Variance Analysis Using a Flexible Budget | |||||||
| Construct a flexible budget performance report | |||||||
| Revenue | |||||||
| and | |||||||
| Planning | Activity | Flexible | Spending | Actual | |||
| Budget | Variances | Budget | Variances | Results | |||
| Meals served | ? | ? | ? | ||||
| Revenue | ? | ? | ? | ? | ? | ||
| Expenses: | |||||||
| Cost of ingredients | ? | ? | ? | ? | ? | ||
| Wages and salaries | ? | ? | ? | ? | ? | ||
| Utilities | ? | ? | ? | ? | ? | ||
| Rent | ? | ? | ? | ? | ? | ||
| Miscellaneous | ? | ? | ? | ? | ? | ||
| Total expenses | ? | ? | ? | ? | ? | ||
| Net operating income | ? | ? | ? | ? | ? | ||
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Clyde P. Stickney, Roman L. Weil
8th Edition
0030182689, 978-0030182686
