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please show work thanks Instructions: Prepare the following budget reports for January 2022 and evaluate the usefulness of each report. (a) A static budget report

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Instructions: Prepare the following budget reports for January 2022 and evaluate the usefulness of each report. (a) A static budget report ( 16 points) NOTE: In order toreceive full credit, you must use Excel formulas in each cell. For the 'Favorable/Unfavorable' cell, you must use Excel's 'IF' function to have Excel determine if the result is 'Favorable' or 'Unfavorable'. C. (a) Prepare the Static Budget Report for Bikes "R" Us using the information provided above: (16 Points)

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