plase also help me with the steps of inserting data in excel sheet below with solution :)

Overview: In this assignment, you are provided with a case which includes data relating to static budget, flexible budget, and variance analysis. You will transcribe the data from the case and create a: . Static budget Actual budget Flexible budget Static budget variance Flexible budget variance Variance analysis . . . You will also write a memo regarding possible unethical practices during budget preparation CASE Background: Sparkling Clean Services (SCS) is a local business in the Tri-cities area. It provides cleaning services to residential households and commercial establishments. Both households and businesses sign contracts with SCS. As the contractor, SCS dispatches its crew to the locations. The crew performs the deaning as per the contracts and reports back to the company main desk. The main desk then prepares the invoice and sends them to the clients Clients have one day to pay the invoice. Sales volume can vary from one quarter to the next In terms of expenses, the main expense for SCS relates to labour. They pay crew members competitive wages and benefits. The wage rate is calculated on an hourly basis and is fixed for the entire year. The next expense item is cleaning supplies. SCS accounts for cleaning supplies relative to the hours worked. For example, they estimate that cleaning supplies are consumed at a rate of 0.2 litres per labour hour. This is a good measure because the longer it takes for a site to be cleaned, the more the consumption of cleaning supplies. Cleaning supplies are procured from a prominent vendor and the cost is fixed for the entire year. Sometimes clients are not happy about the cleaning services and register a complaint. In that case, the crew is dispatched again for a second cleaning. The hours accruing from such scenarios are not billed to the clean as this constitutes a 'service recovery. However, the crew is paid for such hours. SCS maintains a record of these hours and classifies them as 'unproductive hours, or unbilled hours. This is calculated as a percentage of revenue earning hours (e. g., 10% of revenue generating hours). For the purpose of this assignment, assume that there is no consumption of cleaning materials when this second cleaning is being done Budget for the year 2020: The budget for the year 2020 was prepared in December 2019 and had the following components: Revenue The revenue is calculated as number of hours that the crew works on a site, multiplied by the contracted rate with the client. The hours worked in the residential and commercial segments are shown separately, and there is a total for the combined hours worked. The revenue for each segment is arrived at by multiplying the hours for the segment by the rate. The budget is prepared for four quarters, one to four. For 2020, the budgeted sales hours were: Quarter 1 2 3 4 Budgeted commercial sales in w w mm 2,500 2,700 3,000 2.800 hours Budgeted residential sales in hours 1,000 1,200 900 1,300 For 2020, the budgeted selling price per hours were: Quarter 1 2 3 4 4 $40 $40 540 $40 Selling price per hour commercial) Selling price per hour (residential) $51 $51 $51 $51 Direct Labour expense SCS will pay its employees an hourly rate of $22 for the entire year. Cleaning supply usage The budgeted usage is 0.25 litre /labour hour for the commercial segment and 0.15 litre/ labour hour for the residential segment. This is constant for the entire year. Cleaning supply expense: Budgeted expense is $4.5 per litre for the entire year. Fixed overhead: To support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Receptionist: Budgeted expense is $5,000 per quarter and is the same for all four quarters. Depreciation: This relates to the depreciation of vehicles used to transport employees to client locations. Budgeted expense is $9,000 per quarter and is the same for all four quarters. Gas: Budgeted expenditure on gas is $7,000 and is the same for all four quarters. Maintenance: Budgeted expenditure on Maintenance is $1,000 per quarter and is the same for all four quarters. Actual results for the year 2020. It is now January 7, 2021 and Sparkling Clean Services (SCS) is comparing the actual expenses against their budget. Here is what they found. Revenue: For 2020, the actual sales hours were: Quarter 1 2 3 4 Actual sales - commercial 2,400 2.700 2.800 3,000 Actual sales residential 1,150 1.250 1,000 1,200 For 2020, the actual hourly revenue was: Quarter 1 2 3 4 $45 $45 $45 $45 Actual selling price-commercial Actual selling price - residential $50 $50 SSO $50 Direct Labour expense: SCS paid its employees an hourly rate of $21 for the entire year. Cleaning supply usage: The actual usage was 0.18 litre/ labour hour for the commercial segment and 0.09 litre/labour hour for the residential segment. This was constant for the entire year. Cleaning supply expense: Actual expense was $5.50 per liter for the entire year. Fixed overhead To support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Receptionist Actual expense was $6,200 per quarter and is the same for all four quarters. Depreciation This relates to the depreciation of vehicles used to transport employees to client locations. Actual expense was $9,200 per quarter and was the same for all four quarters. Gas Actual expenditure on gas was $7,100 and was the same for all four quarters Maintenance Actual expenditure on Maintenance was $1,100 per quarter and was the same for all four quarters, Unproductive (unbilled) factor Cleaning crews had to work 8% over the revenue generating hours to attend to complaints and do a second cleaning. These hours were not billable to clients, but Sparkling Clean Services (cs) would pay the employees for this time they worked for the purpose of this assignment, assume that there is no consumption of cleaning materials when this second cleaning was done Required: Part A: For this part you will use the template provided in Excel Workbook format Complete the following steps in sequence: Step # Spreadsheet title Input Database One TWO Input Database Three Static Budget Four Actual Budget Five Flexible Budget Activity Populate the section A4:G24 with data from the above case and develop the budget parameters. Populate the section K4:035 with data from the above case and develop the actual parameters Populate the section A7: F29 with data from the spreadsheet "Input Database and develop the static budget Populate the section A7:F29 with data from the spreadsheet Input Database and develop the actual budget Populate the section AZ:F29 with data from the spreadsheet 'Input Database and develop the flexible budget. Populate the section AS E26 with data from the spreadsheets 'Static Budget and Actual Budget and develop the static budget variance Populate the section GS 26 with data from the spreadsheet 'Actual Budget' and 'Flexible Budget and develop the flexible budget variance Using applicable data complete the analysis of Material variances for both the commercial and residential segments Using applicable data complete the analysis of Material variances for both the commercial and residential segments SIX Var Analysis - Static and Flex Seven Var Analysis -Static and Flex Eight Material variances Nine Labour variances . Other guidelines: Data should be entered in the 'Input Database' spreadsheet only. For all other spreadsheets, you must use cell references, linking data from 'Input Database' or other spreadsheets. Do not enter data or calculations without cell references. To calculate variances, you need to use IP formula. . . Part B: In week 10, your Professor will be discussing about ethical practices during budget preparation. One such practice involves use of budgetary slack. Reflecting on this learning experience, you will write a memo to the CEO of SCS The CEO is concerned regarding ethical practices and needs your advice. In your role as a consultant, write a memo explaining what unethical practices can be incorporated during budget preparation This should be in your own words and no external research or references are needed. Structure of the memo: Word limit: 300 words maximum Arial or Calibri font Memo format As MS Word document (any other format will receive a rero mark) Memo will be verified through Turnitin. . . Deliverables: . Completed Excel workbook . Memo in MS Word format Delivery: Upload both the items to the assigned folder in eConestoga, Your Professor will advise you as to the due date of this assignment. . . . Marking Key and Rubric: Included within the Excel workbook, Please review all items in the marking key before submission and ensure they are complete. BIP . SCS Operating Budget for the period Jan-Dec 20 Quarters 1 2 Year Markes 2 Sales budget Sales Commercial Sales residential Total sales 2 Direct material budget Variable costs commercia 5 Variable costs residential 5 Total variable costs 2 8 9 Labour budget o commercial 1 Residential 2 Total labour 3 Fixed Overhead 5 Receptionist G Depreciation 7 Gai Maintenance 9 Total 2 Tota 8 GRO Cover page Read this first Static Budget Actual Budget Flexible Budget Var Analysis Ready Cality O. Dum % - OOM AA F Formel Cal Fas An Dula . H On D 3 Year 24 Overhead 25 25 Den 21 20 M 29 31 TI Part Nexty NE Select Krem font- D beter.De 20 Our 1 2 Marks Sales budget Com 9 l 10 Total 11 12 13 De material Budget 30 we conti commercial 15 Ver toda 15 Tuta 17 18 29 budget 20 21 R 22 Total 23 24 Overhead 25 25 Dacation GO Read of Ready bo A Student Insert Formes Page Layout Calin Data Review Hame 0 View Time Gm A A - za Ger 18 . 7 Find Ball Anak E A1 ses O Total 30 Dect matbot 11 wurde.com nai Tu varias 14 15 16 Labour but 17 ILLE HE 19 Tahu 20 21 Over 22 Beep 23 Dec 24 25 Maite 26 22 20 30 Out www MAS Formatting a Tabie styles Format Q NE Seest Dale Direct Materials-Commercial = . 15 18 T! 2 20 22 20 23 Cewer Fead this first Statie Budget Algut The budget VA. Lahore TE I Custom Pene A ED OMO 27.0. g Con for Cel Formeng Ty 627 Forma SORT & Fer Find Seck AR Dute 3 D H J K L Labour Commercial 1 2 3 Actual Hour-AH Actual Rate AR Total Actual Standard- Total Standard Standard Rates Total ReVarance Efficiency Varance Total Varun 10 11 Episation for Efficiency OSAA ARENA 13 14 Explanation ferrate variance 16 17 18 19 20 Labout Residen 22 Au-AH 23 Actual 24 Total AnalAH Standard Tea Standard hours Standard Rates Total Cover hel Oude Ft WA 140N Formatting as Table Styles El Farms Filter 122 ho 15 18 IT 18 19 GE 11 2 a 20 M A Overview: In this assignment, you are provided with a case which includes data relating to static budget, flexible budget, and variance analysis. You will transcribe the data from the case and create a: . Static budget Actual budget Flexible budget Static budget variance Flexible budget variance Variance analysis . . . You will also write a memo regarding possible unethical practices during budget preparation CASE Background: Sparkling Clean Services (SCS) is a local business in the Tri-cities area. It provides cleaning services to residential households and commercial establishments. Both households and businesses sign contracts with SCS. As the contractor, SCS dispatches its crew to the locations. The crew performs the deaning as per the contracts and reports back to the company main desk. The main desk then prepares the invoice and sends them to the clients Clients have one day to pay the invoice. Sales volume can vary from one quarter to the next In terms of expenses, the main expense for SCS relates to labour. They pay crew members competitive wages and benefits. The wage rate is calculated on an hourly basis and is fixed for the entire year. The next expense item is cleaning supplies. SCS accounts for cleaning supplies relative to the hours worked. For example, they estimate that cleaning supplies are consumed at a rate of 0.2 litres per labour hour. This is a good measure because the longer it takes for a site to be cleaned, the more the consumption of cleaning supplies. Cleaning supplies are procured from a prominent vendor and the cost is fixed for the entire year. Sometimes clients are not happy about the cleaning services and register a complaint. In that case, the crew is dispatched again for a second cleaning. The hours accruing from such scenarios are not billed to the clean as this constitutes a 'service recovery. However, the crew is paid for such hours. SCS maintains a record of these hours and classifies them as 'unproductive hours, or unbilled hours. This is calculated as a percentage of revenue earning hours (e. g., 10% of revenue generating hours). For the purpose of this assignment, assume that there is no consumption of cleaning materials when this second cleaning is being done Budget for the year 2020: The budget for the year 2020 was prepared in December 2019 and had the following components: Revenue The revenue is calculated as number of hours that the crew works on a site, multiplied by the contracted rate with the client. The hours worked in the residential and commercial segments are shown separately, and there is a total for the combined hours worked. The revenue for each segment is arrived at by multiplying the hours for the segment by the rate. The budget is prepared for four quarters, one to four. For 2020, the budgeted sales hours were: Quarter 1 2 3 4 Budgeted commercial sales in w w mm 2,500 2,700 3,000 2.800 hours Budgeted residential sales in hours 1,000 1,200 900 1,300 For 2020, the budgeted selling price per hours were: Quarter 1 2 3 4 4 $40 $40 540 $40 Selling price per hour commercial) Selling price per hour (residential) $51 $51 $51 $51 Direct Labour expense SCS will pay its employees an hourly rate of $22 for the entire year. Cleaning supply usage The budgeted usage is 0.25 litre /labour hour for the commercial segment and 0.15 litre/ labour hour for the residential segment. This is constant for the entire year. Cleaning supply expense: Budgeted expense is $4.5 per litre for the entire year. Fixed overhead: To support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Receptionist: Budgeted expense is $5,000 per quarter and is the same for all four quarters. Depreciation: This relates to the depreciation of vehicles used to transport employees to client locations. Budgeted expense is $9,000 per quarter and is the same for all four quarters. Gas: Budgeted expenditure on gas is $7,000 and is the same for all four quarters. Maintenance: Budgeted expenditure on Maintenance is $1,000 per quarter and is the same for all four quarters. Actual results for the year 2020. It is now January 7, 2021 and Sparkling Clean Services (SCS) is comparing the actual expenses against their budget. Here is what they found. Revenue: For 2020, the actual sales hours were: Quarter 1 2 3 4 Actual sales - commercial 2,400 2.700 2.800 3,000 Actual sales residential 1,150 1.250 1,000 1,200 For 2020, the actual hourly revenue was: Quarter 1 2 3 4 $45 $45 $45 $45 Actual selling price-commercial Actual selling price - residential $50 $50 SSO $50 Direct Labour expense: SCS paid its employees an hourly rate of $21 for the entire year. Cleaning supply usage: The actual usage was 0.18 litre/ labour hour for the commercial segment and 0.09 litre/labour hour for the residential segment. This was constant for the entire year. Cleaning supply expense: Actual expense was $5.50 per liter for the entire year. Fixed overhead To support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Receptionist Actual expense was $6,200 per quarter and is the same for all four quarters. Depreciation This relates to the depreciation of vehicles used to transport employees to client locations. Actual expense was $9,200 per quarter and was the same for all four quarters. Gas Actual expenditure on gas was $7,100 and was the same for all four quarters Maintenance Actual expenditure on Maintenance was $1,100 per quarter and was the same for all four quarters, Unproductive (unbilled) factor Cleaning crews had to work 8% over the revenue generating hours to attend to complaints and do a second cleaning. These hours were not billable to clients, but Sparkling Clean Services (cs) would pay the employees for this time they worked for the purpose of this assignment, assume that there is no consumption of cleaning materials when this second cleaning was done Required: Part A: For this part you will use the template provided in Excel Workbook format Complete the following steps in sequence: Step # Spreadsheet title Input Database One TWO Input Database Three Static Budget Four Actual Budget Five Flexible Budget Activity Populate the section A4:G24 with data from the above case and develop the budget parameters. Populate the section K4:035 with data from the above case and develop the actual parameters Populate the section A7: F29 with data from the spreadsheet "Input Database and develop the static budget Populate the section A7:F29 with data from the spreadsheet Input Database and develop the actual budget Populate the section AZ:F29 with data from the spreadsheet 'Input Database and develop the flexible budget. Populate the section AS E26 with data from the spreadsheets 'Static Budget and Actual Budget and develop the static budget variance Populate the section GS 26 with data from the spreadsheet 'Actual Budget' and 'Flexible Budget and develop the flexible budget variance Using applicable data complete the analysis of Material variances for both the commercial and residential segments Using applicable data complete the analysis of Material variances for both the commercial and residential segments SIX Var Analysis - Static and Flex Seven Var Analysis -Static and Flex Eight Material variances Nine Labour variances . Other guidelines: Data should be entered in the 'Input Database' spreadsheet only. For all other spreadsheets, you must use cell references, linking data from 'Input Database' or other spreadsheets. Do not enter data or calculations without cell references. To calculate variances, you need to use IP formula. . . Part B: In week 10, your Professor will be discussing about ethical practices during budget preparation. One such practice involves use of budgetary slack. Reflecting on this learning experience, you will write a memo to the CEO of SCS The CEO is concerned regarding ethical practices and needs your advice. In your role as a consultant, write a memo explaining what unethical practices can be incorporated during budget preparation This should be in your own words and no external research or references are needed. Structure of the memo: Word limit: 300 words maximum Arial or Calibri font Memo format As MS Word document (any other format will receive a rero mark) Memo will be verified through Turnitin. . . Deliverables: . Completed Excel workbook . Memo in MS Word format Delivery: Upload both the items to the assigned folder in eConestoga, Your Professor will advise you as to the due date of this assignment. . . . Marking Key and Rubric: Included within the Excel workbook, Please review all items in the marking key before submission and ensure they are complete. BIP . SCS Operating Budget for the period Jan-Dec 20 Quarters 1 2 Year Markes 2 Sales budget Sales Commercial Sales residential Total sales 2 Direct material budget Variable costs commercia 5 Variable costs residential 5 Total variable costs 2 8 9 Labour budget o commercial 1 Residential 2 Total labour 3 Fixed Overhead 5 Receptionist G Depreciation 7 Gai Maintenance 9 Total 2 Tota 8 GRO Cover page Read this first Static Budget Actual Budget Flexible Budget Var Analysis Ready Cality O. Dum % - OOM AA F Formel Cal Fas An Dula . H On D 3 Year 24 Overhead 25 25 Den 21 20 M 29 31 TI Part Nexty NE Select Krem font- D beter.De 20 Our 1 2 Marks Sales budget Com 9 l 10 Total 11 12 13 De material Budget 30 we conti commercial 15 Ver toda 15 Tuta 17 18 29 budget 20 21 R 22 Total 23 24 Overhead 25 25 Dacation GO Read of Ready bo A Student Insert Formes Page Layout Calin Data Review Hame 0 View Time Gm A A - za Ger 18 . 7 Find Ball Anak E A1 ses O Total 30 Dect matbot 11 wurde.com nai Tu varias 14 15 16 Labour but 17 ILLE HE 19 Tahu 20 21 Over 22 Beep 23 Dec 24 25 Maite 26 22 20 30 Out www MAS Formatting a Tabie styles Format Q NE Seest Dale Direct Materials-Commercial = . 15 18 T! 2 20 22 20 23 Cewer Fead this first Statie Budget Algut The budget VA. Lahore TE I Custom Pene A ED OMO 27.0. g Con for Cel Formeng Ty 627 Forma SORT & Fer Find Seck AR Dute 3 D H J K L Labour Commercial 1 2 3 Actual Hour-AH Actual Rate AR Total Actual Standard- Total Standard Standard Rates Total ReVarance Efficiency Varance Total Varun 10 11 Episation for Efficiency OSAA ARENA 13 14 Explanation ferrate variance 16 17 18 19 20 Labout Residen 22 Au-AH 23 Actual 24 Total AnalAH Standard Tea Standard hours Standard Rates Total Cover hel Oude Ft WA 140N Formatting as Table Styles El Farms Filter 122 ho 15 18 IT 18 19 GE 11 2 a 20 M A