Chapter 9: Applying Excel
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	$29,945
Cost of ingredients	$11,435
Wages and salaries	$10,320
Utilities	$1,185
Rent	$2,200
Miscellaneous	$2,060
Planning budget activity	1,700	meals served
Actual activity	1,800	meals served

Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below: 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)). Prev Question 8 of 8 Total 8 of 8 Visit question mapThis is the last question in the assignment.

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