Requirement 2:

Revise the data in your worksheet to reflect the results for the subsequent period as shown below:

A

B

C

D

E

1

2

3

4

5

6

7

8

9

10

11

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Chapter 9: Applying Excel
Data
Revenue			$16.50	q
Cost of ingredients			$6.25	q
Wages and salaries	$10,400
Utilities	$800	+	$0.20	q
Rent	$2,200
Miscellaneous	$600	+	$0.80	q
Actual results:
Revenue	$29,705
Cost of ingredients	$11,095
Wages and salaries	$10,590
Utilities	$1,210
Rent	$2,200
Miscellaneous	$2,070
Planning budget activity	1,700	meals served
Actual activity	1,800	meals served

a. what is the activity variance for revenue?

b. what is the spending variance for the cost of ingredients?

c. what is spending variance for wages and salaries?

d. what is spending variance for total expenses?