Revenue: For 2021, the actual sales hours were: For 2021, the actual hourly revenue was: Required: Part A: For this part you will use the template provided in Excel Workbook format. Complete the following steps in sequence: \begin{tabular}{|l|l|l|} \hline Step \# & Spreadsheet title & Activity \\ \hline 1 & Input Database & PopulatetheInputDatabasetabwithdatafromtheabovecaseanddevelopthebudgetparameters.PopulatetheStaticBudgettabwithdatafromthespreadsheetInputDatabaseanddevelopthestaticbudget. \\ \hline 2 & Actual Budget & PopulatetheActualBudgettabwithdatafromthespreadsheetInputDatabaseanddeveloptheactualbudget. \\ \hline 3 & Flexible Budget & PopulatetheFlexibleBudgettabwithdatafromthespreadsheetInputDatabaseanddeveloptheflexiblebudget. \\ \hline 4 & VarAnalysis-StaticandFlexMaterialvariances & Populatethetab"VarAnalysis-StaticandFlex"withdatafromtheabovespreadsheets. \\ \hline UsingapplicabledatacompletetheanalysisofMaterialvariancesforboththecommercialand \\ residential segments. \end{tabular} Other guidelines: Data should be entered in the 'Input Database' spreadsheet only. For all other spreadsheets, you must use cell references, linking data from 'Input Database' or other spreadsheets. Do not enter data or calculations without cell references. - To calculate variances, you need to use 'IF' formula. Fixed overhead: To support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Receptionist: Budgeted expense is $6000 per quarter and is the same for all four quarters. Depreciation: This relates to the depreciation of vehicles used to transport employees to client locations. Budgeted expense is $8000 per quarter and is the same for all four quarters. Gas: Budgeted expenditure on gas is $7,500 and is the same for all four quarters. Maintenance: Budgeted expenditure on Office supplies is $1200 per quarter and is the same for all four quarters. Actual results for the year 2021. It is now lanuary 7, 2022 and Sparkling Clean Services (PCS) is comparing the actual expenses against their budget. Here is what they found. Gas: Actual expenditure on gas was $7100 and was the same for all four quarters. Maintenance: Actual expenditure on Office Supplies was $1000 per quarter and was the same for all four quarters. MGMT 8500: BUOGET ASSIGNMENT 23 Budget for the year 2021: The budget for the year 2021 was prepared in December 2020 and had the following components: Revenue: The revenue is calculated as number of hours that the crew works on a site, multiplied by the contracted rate with the client. The hours worked in the residential and commercial segments are shown ieparately, and there is a total for the combined hours worked. The revenue for each segment is atrived at by multiplying the hours for the segment by the rate. The budget is prepared for four quarters, one to four. For 2021, the budgeted sales hours were: For 2021, the budgeted sales hours were: Direct babour expense: PCS paid its employees an hourly rate of $24 for the entire year. Cleaning supply usage: The actual usage was 0.35 fitse / labsur, hour for the commercial segment and 0.3 fitce/ Labour hour for the residential segment. This was constant for the entire year. Cleaning supply expense: Actual expense was $6.30 per liter for the entice vear. Fixed overhead: To support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Receptionist: Actual expense was $6200 por quarter and is the same for all four quarters. Depreciation: This relates to the depteciation of vehicles used to transport employees to client location. Actual expense was $8200 per quarter and was the same for all four quarters. Gas: Actual expenditure on gas was 57100 and was the same for all four quaters. MGMT BSoo: BUDGET ASSGGMENT -83 Fixed overhead: To support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Revenue: For 2021, the actual sales hours were: For 2021, the actual hourly revenue was: Required: Part A: For this part you will use the template provided in Excel Workbook format. Complete the following steps in sequence: \begin{tabular}{|l|l|l|} \hline Step \# & Spreadsheet title & Activity \\ \hline 1 & Input Database & PopulatetheInputDatabasetabwithdatafromtheabovecaseanddevelopthebudgetparameters.PopulatetheStaticBudgettabwithdatafromthespreadsheetInputDatabaseanddevelopthestaticbudget. \\ \hline 2 & Actual Budget & PopulatetheActualBudgettabwithdatafromthespreadsheetInputDatabaseanddeveloptheactualbudget. \\ \hline 3 & Flexible Budget & PopulatetheFlexibleBudgettabwithdatafromthespreadsheetInputDatabaseanddeveloptheflexiblebudget. \\ \hline 4 & VarAnalysis-StaticandFlexMaterialvariances & Populatethetab"VarAnalysis-StaticandFlex"withdatafromtheabovespreadsheets. \\ \hline UsingapplicabledatacompletetheanalysisofMaterialvariancesforboththecommercialand \\ residential segments. \end{tabular} Other guidelines: Data should be entered in the 'Input Database' spreadsheet only. For all other spreadsheets, you must use cell references, linking data from 'Input Database' or other spreadsheets. Do not enter data or calculations without cell references. - To calculate variances, you need to use 'IF' formula. Fixed overhead: To support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Receptionist: Budgeted expense is $6000 per quarter and is the same for all four quarters. Depreciation: This relates to the depreciation of vehicles used to transport employees to client locations. Budgeted expense is $8000 per quarter and is the same for all four quarters. Gas: Budgeted expenditure on gas is $7,500 and is the same for all four quarters. Maintenance: Budgeted expenditure on Office supplies is $1200 per quarter and is the same for all four quarters. Actual results for the year 2021. It is now lanuary 7, 2022 and Sparkling Clean Services (PCS) is comparing the actual expenses against their budget. Here is what they found. Gas: Actual expenditure on gas was $7100 and was the same for all four quarters. Maintenance: Actual expenditure on Office Supplies was $1000 per quarter and was the same for all four quarters. MGMT 8500: BUOGET ASSIGNMENT 23 Budget for the year 2021: The budget for the year 2021 was prepared in December 2020 and had the following components: Revenue: The revenue is calculated as number of hours that the crew works on a site, multiplied by the contracted rate with the client. The hours worked in the residential and commercial segments are shown ieparately, and there is a total for the combined hours worked. The revenue for each segment is atrived at by multiplying the hours for the segment by the rate. The budget is prepared for four quarters, one to four. For 2021, the budgeted sales hours were: For 2021, the budgeted sales hours were: Direct babour expense: PCS paid its employees an hourly rate of $24 for the entire year. Cleaning supply usage: The actual usage was 0.35 fitse / labsur, hour for the commercial segment and 0.3 fitce/ Labour hour for the residential segment. This was constant for the entire year. Cleaning supply expense: Actual expense was $6.30 per liter for the entice vear. Fixed overhead: To support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Receptionist: Actual expense was $6200 por quarter and is the same for all four quarters. Depreciation: This relates to the depteciation of vehicles used to transport employees to client location. Actual expense was $8200 per quarter and was the same for all four quarters. Gas: Actual expenditure on gas was 57100 and was the same for all four quaters. MGMT BSoo: BUDGET ASSGGMENT -83 Fixed overhead: To support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows