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 $ 16.509 5 6.25 g 6 Cost of ingredients Wages and salaries Utilities $ 10.400 7 $ 800 + $ 0.209 Rent $ o co 2.200 64 Miscellaneous $ + 0.80 g Actual results 12 Revenue $ 29.945 5 11.010 13 Cost of ingredients 14 Wages and salaries 15 Utilities 10.600 $ 1.165 | 16 Rent 2.200 17 Miscellaneous $ 12.035 18 19 Planning budget activity 20 Actual activity 1.700 meals served 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, The amount of the activity variance for revenue IF b. What is the spending variance for the cost of ingredients? (Indicate the effect of each variance by selecting "F" for favorable, "U" for un 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 u The amount of the spending variance for wages and salaries F d. What is spending variance for total expenses? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorab The amount of the spending variance for total expenses