Kindly please help me with this question and showing the formula in Excel. thanks in advance :)

Download the Applying Excel form and enter formulas in all cells that contain question marks. =or example, in cell B30 enter the formula "= B20". Votes: n the text, variances are always displayed as positive numbers. To accomplish this, you can use the ABSO function in Excel. For example, the formula in cell C31 would be "=ABS(E31-B31)". Cells D31 through D39 and G31 through G39 already contain formulas to compute and display whether variances are Favorable or Unfavorable. Do not enter data or formulas into those cells-if you do, you will overwrite these formulas. After entering formulas in all of the cells that contained question marks, verify that the amounts match the numbers in the example in the text. Check your worksheet by changing the revenue in cell D4 to $16.00; the cost of ingredients in cell D5 to $6.50; and the wages and salaries in cell B6 to $10,000. The activity variance for net operating income should now be $850U and the spending variance for total expenses should be $410U. If hot get these answers, find the errors in your worksheet and correct them. Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this Norksheet to answer the questions in Part 2. Enter a formula into each of the cells marked with a ? below Review Problem: Variance Analysis Using a Flexible Budget \begin{tabular}{l|l|l|} \hline \multicolumn{2}{l|}{ Construct a flexible budget performance report } & \\ \hline & & Revenue \\ \hline & Actual & and \\ \hline & Spending \\ \hline Meals served & ? & \\ \hline Revenue & ? & ? \\ \hline Expenses: & & \\ \hline Cost of ingredients & ? & ? \\ \hline Wages and salaries & ? & ? \\ \hline Utilities & ? & ? \\ \hline Rent & ? & ? \\ \hline Miscellaneous & ? & ? \\ \hline Total expenses & ? & ? \\ \hline Net operating income & ? & ? \\ \hline \end{tabular} \begin{tabular}{c} Planning \\ \hline Budget \\ \hline? \\ \hline? \\ \hline? \\ ? \\ ? \\ ? \\ \hline? \\ \hline \hline \end{tabular} 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))