PLEASE SHOW EQUATIONS YOU USED TO GET YOUR ANSWERS. Enter formulas in all cells that contain question marks.

$16.50 9 $6.259 Data Revenue Cost of ingredients Wages and salaries Utilities Rent Miscellaneous + $0.20 9 $10,400 $800 $2,200 $600 + $0.80 9 Actual results: Revenue Cost of ingredients Wages and salaries Utilities Rent Miscellaneous $27,920 $11,110 $10,130 $1,080 $2,200 $2,240 Planning budget activity Actual activity 1,800 meals served 1,700 meals served Enter a formula into each of the cells marked with a ? below Review Problem: Variance Analysis Using a Flexible Budget Construct a flexible budget performance report Revenue and Spending Variances Activity Variances Actual Results 1,700 ? Flexible Budget ? ? Planning Budget 1,800 ? ? ? Meals served Revenue Expenses: Cost of ingredients Wages and salaries Utilities Rent Miscellaneous Total expenses Net operating income $11,110 $10,400 $800 $2,200 $600 $25,110 ? ? F ? F ? F ? F ? F ? F