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Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below: A B C D E
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 Chapter 9: Applying Excel 2 3 Data 4 Revenue $ 16.50 q 5 Cost of ingredients SA $ 6.25 q 6 Wages and salaries $ 10,400 7 Utilities $ 800 + $ 0.20 9 8 Rent $ 2,200 9 Miscellaneous $ 67 600 + $ 0.80 q 10 11 Actual results: 12 Revenue $ 29,465 13 Cost of ingredients $ 11,340 14 Wages and salaries $ 10,360 15 Utilities $ 1,115 16 Rent $ 2,200 17 Miscellaneous $ 2,055 18 19 Planning budget activity 1,700 meals served 20 Actual activity 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 (i.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 (i.e., 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 (i.e., zero variance)). The amount of the spending variance for total expenses
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