Downloed the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cel D21 enter the formula " D14* Notes: In the tert, variances are always disployed as positive numbers. To accocplith this, you can use the ABsif function in Ercel For esample the formula in - Cels C25 through C27, C34 through C36, and C43 through C45 alresoy contain formulas to compute and displey whether variances we Fivernole or Unfavorable. Do not enter data or formutas into those cels-if you do. you whit overwite these formulat. yout worksheet and condet them. Sove your completed Applying Encel form to your computer and then upload it here by clicking "Browse" "Next, cllck "Sives" You will use thin worksheet to snswer the quevtions in Pant 2 . Chapter 9: Applying Excel Data Exhibit 9-8: Standard Cost Card Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below: a-1. What is the materials quantity variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)). a-2. What is the materials price variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)). 0-2. What is the materials price variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. and "None" for no effect (i.e., zero variance)). b-1. What is the labor efficiency variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. and "None" for no effect (i.e., zero variance)). b-1. What is the labor efficiency variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)). b-2. What is the labor rate variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round your final answer to nearest whole dollar amount.) -2. What is the labor rate variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and None" for no effect (l.e., zero variance). Round your final answer to nearest whole dollar amount.) c-1. What is the variable overheod efficiency variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance))
