I need help on filling in all the cells, and completing requirement 1 and requirement 2. If it is hard for you to read it, you will have to zoom into it, I cant get the image to be any bigger.

oblem and Data 2 The primary purpose of this assignment is to give you practice calculating and explaining variances 3 Thevariances you need to calculate are described under the "requirements" heading below 4 The secondary purpose of this assignment is to improve your proficiency in using Excel as a tool 5 for analysis (as opposed to a word processor). All yellow areas should contain formulas 6 referencing other cells, i.e., don't simply type the number S661,254 in cell E6. Rather 7 enter the formula to calculate this number. Indicate whether variances are favorable (F) or 8 unfavorable (U). 9 10 Paterson Awning manufactures awningsand uses a standard cost system. The company allocates 11 overhead based on the number of direct labor hours. The following are the company's cost and 12 standatds data 13 14 Standards: 15 Direct Materials 16 Yards per awning 17 Price per yard 18 Direct Labor 19 Hours per awning 20 Rate per hour 21 Variable MOH standard rate per direct labor hour 22 Fixed MOH standard rate per direct labor hour 23 Total budgeted fixed MOH cost 24 22.00 13.00 5.00 15.00 8.00 6.00 63,500