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revise the data in your worksheet to reflect the results for the subsequent period as shown below: a. What is the activity variance for revenue?

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

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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)).

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)).

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)).

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)).

Requirement 2 Revise the data in your worksheet to reflect the results for the subsequent period as shown below. 1 Chapter 9: Applying Excel 3 Data Revenue $ S 16.50 6.259 5 6 Cost of ingredients Wages and salaries Utilities $ 0.209 $ $ $ $ 10,400 800 2,200 600 Rent Miscellaneous 9 S 0.80 11 Actual results: 12 Revenue 13 Cost of ingredients 14 Wages and salaries Utilities $ $ $ $ $ $ 29,950 11,315 10,540 1,180 2.200 2,035 Rent Miscellaneous 17 18 19 Planning budget activity Actual activity 1.700 meals served 1.800 meals served 20

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