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Please show cell formulas used to get the answer. Also, please answer all questions posted. Thanks! Download the Applying Excel form and enter formulas in

Please show cell formulas used to get the answer. Also, please answer all questions posted. Thanks!
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Download the Applying Excel form and enter formulas in all cells that contain question marks, For example, in cell B30 enter the formula = B20". Notes: In the text, variances are always displayed as positive numbers. To accomplish this, you can use the ABS() function in Excel. For example, the formula in cell C31 would be -ABS(E31-8317" Cells 031 through 039 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. Atter entering formulos 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 salories in coll B6 to $10.000. The activity variance for net operating Income should now be $850 U and the spending variance for total expenses should be $410 U. W you do not 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 worksheet to answer the questions in Part 2 F G H J K M + I D E 1 Chapter 9: Applying Excel 2 3 Data 4 Revenue $16.50 5 cost of ingredients 56.259 6 Wages and salaries $10,400 7 Uutis $800 $0.2010 & Rent $2,200 9 Miscellaneous $600 + $0.80 10 11 Actual results 12 Revenue $27.920 13 Cost of ingredients $11.110 14 Wages and salaries $10,130 15 mins $1.080 16 Rent $2.200 17 Miscellaneous $2,240 18 19 Planning budget activity 1.800 meals served 20 Actual acuity 1.700 meals served 21 22 Enter a fomul into each of the cells marted with a ? below 23 Review Problem: Variance Analysis Using a Flexible Budget 24 25 Construct a flexible budget performance report 26 Revenue 27 28 Actual Spending Flexible 29 Results Varances Budget 30 Meals served ? 2 31 Revenue 2 2 ? 32 Expenses 33 Cost of ingredients ? 7 7 34 Wages and salaries 7 ? 2 35 Uutes 2 ? 2 36 Rent 2 ? 2 37 Miscellaneous 2 ? 2 38 Total expenses 2 7 ? 39 Net operating income 12 ? 40 and Active Varances Planning Budget 2 2 ? ? 2 ? 2 2 2 2 AR ? 7 2 ? 2 ? 2 Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below: B C D E A 1 Chapter 9: Applying Excel 2 Data $ 16.50 9 6.259 $ 5 6 4 Revenue Cost of ingredients 6 Wages and salaries 7 Utilities 8 Rent 9 Miscellaneous 10 10,400 800 $ 0.209 $ $ $ $ 2,200 600 $ 0.809 $ $ $ $ 11 Actual results: 12 Revenue 13 Cost of ingredients 14 Wages and salaries 15 Utilities 16 Rent 17 Miscellaneous 18 19 Planning budget activity 20 Actual activity 30,250 10,980 10,300 1,185 2,200 2,015 $ S 1.700 meals served 1,800 meals served 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 (.e., zero variance). The amount of the activity variance for revenue 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 (le, zero variance), The amount of the spending variance for the cost of ingredients 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) The amount of the spending variance for wages and salarios 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 (.e., zero variance)). The amount of the sponding variance for total expenses Required information The Chapter 9 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below: B D E A Chapter 9: Applying Excel 1 2 $ $ 16.50 625 9 + $ 0.2019 $ $ $ $ 10,400 800 2,200 600 . $ 0.80 9 3 Data 4 Revenue 5 Cost of ingredients 6 Wages and salarios 7 Utilities 8 Rent 9 Miscellaneous 10 11 Actual results 12 Revenue 13 Cost of ingredients 14 Wages and salaries 15 Utilities 16 Rant $ $ $ s 29,560 11,310 10,375 1.150 ann A B B D D E 1 Chapter 9: Applying Excel N 3 Data 16.509 st in $ $ 6.25 a OS $ $ $ 0.209 10,400 800 2,200 600 $ $ + $ 0.809 4 Revenue 5 Cost of ingredients 6 Wages and salaries 7 Utilities 8 Rent 9 Miscellaneous 10 11 Actual results: 12 Revenue 13 Cost of ingredients 14 Wages and salaries 15 Utilities 16 Rent 17 Miscellaneous S $ $ 29,560 11,310 10,375 1,150 2,200 2,050 $ $ $ 18 19 Planning budget activity 20 Actual activity 1,700 meals served 1,800 meals served a. What is the activity variance for revenue? (Indicate the effect of each variance by selecting "F" for favorable, "U" Por untavorable, and "None" for no effect (.e., zero variance)). The amount of the activity variance for revenue 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 (ie, zero variance)). The amount of the spending variance for the cost of ingredients 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)). The amount of the spending variance for wages and salaries 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 (.e., zero variance)). The amount of the spending variance for total expenses

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