Required information Chapter 9: Applying Excel (L09-1, LO9-2, LO9-3, LO9-4) The Chapter 9 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text. Chapter 9: Applying Excel: Exercise (Part 2 of 2) Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below: B D E A 1 Chapter 9: Applying 2 Excel 3 Data 4 5 Revenue 6 Cost of ingredients 7 Wages and salaries 8 9 Utilities 19 16.50 $ 6.25 g + $ 0.20 19 10,400 $ 800 $ 2,200 $ 600 10 Rent + $ 0.80 19 $ 29,930 11 Miscellaneous 12 13 Actual results: 14 Revenue 15 16 Cost of ingredients 17 Wages and salaries 18 19 Utilities 20 Rent Miscellaneous 11,405 10,540 $ 1,125 $ 2,200 $ 2.000 Planning budget activity 1,700 meals lcoran 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)). Answer is complete and correct. The amount of the activity variance for revenue $ 1,650 F 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)). Answer is complete but not entirely correct. The amount of the spending variance for the cost of ingredients $ 215 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 effectie., zero variance)). x Answer is complete but not entirely correct. The amount of the spending variance for wages and salaries S 115XF 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)). Answer is complete but not entirely correct. The amount of the spending variance for total expenses S 150% u Required information Chapter 9: Applying Excel (L09-1, LO9-2, LO9-3, LO9-4) The Chapter 9 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text. Chapter 9: Applying Excel: Exercise (Part 2 of 2) Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below: B D E A 1 Chapter 9: Applying 2 Excel 3 Data 4 5 Revenue 6 Cost of ingredients 7 Wages and salaries 8 9 Utilities 19 16.50 $ 6.25 g + $ 0.20 19 10,400 $ 800 $ 2,200 $ 600 10 Rent + $ 0.80 19 $ 29,930 11 Miscellaneous 12 13 Actual results: 14 Revenue 15 16 Cost of ingredients 17 Wages and salaries 18 19 Utilities 20 Rent Miscellaneous 11,405 10,540 $ 1,125 $ 2,200 $ 2.000 Planning budget activity 1,700 meals lcoran 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)). Answer is complete and correct. The amount of the activity variance for revenue $ 1,650 F 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)). Answer is complete but not entirely correct. The amount of the spending variance for the cost of ingredients $ 215 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 effectie., zero variance)). x Answer is complete but not entirely correct. The amount of the spending variance for wages and salaries S 115XF 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)). Answer is complete but not entirely correct. The amount of the spending variance for total expenses S 150% u
