Giara Manufacturing is comparing its latest financial results to the Planned Budget. Use the information below to create a Flexible Budget

and calculate variances.

Required:

Construct a flexible budget performance report.

Note: Use an ABS$()$ formula to calculate variances. If a variance is $0,$ use F for favorability. All amounts should be entered as positive values.

INCLUDE EXCEL FORMULAS FOR ENTRY INTO THE SPREADSHEET! I know the answers, I just need to know the excel formulars to get there