To complete this exercise, you will need to download and install Tableau on your computer. Tableau provides free instructor and student licenses as well as free videos and support for utilizing and learning the software. Once you are up and running with Tableau, watch the three "Getting Started" Tableau videos. All of Tableau's short training videos can be found here. [The following information applies to the questions displayed below.] The River Valley Orchestra, which is managed by a small number of full-time professional administrative staff, performs ensemble orchestra shows throughout the year. Its conductor and musicians rehearse without pay and are only paid for actual performances. The River Valley Orchestra has asked for your help in preparing a planning budget at the beginning of the year and evaluating actual expenses at the end of the year. The orchestra plans to have one production for each season (Spring, Summer, Winter, and Fall) with a total of 22 performances. For example, for the Summer production (a focus on classical music in films) they plan on having six performances. After interviewing various people affiliated with the orchestra you have developed the following cost formulas for each of the eight expenses that will be included in the planning budget: By the end of the year, The River Valley Orchestra actually put on four productions and a total of 26 performances. The actual expenses incurred during the year were as follows: which you will use to create some Tableau visualizations that compare the planning budget to the actual results. Upload the Excel file into Tableau by doing the following: 1. Open the Tableau Desktop application. 2. On the left-hand side, under the "Connect" header and the "To a file" sub-header, click on "Microsoft Excel." 3. Choose the Excel file and click "Open." 4. Since the only worksheet in the Excel File is "Performance Report" it will default as a selection with no further import steps needed ate a bar chart that compares the actual expenses to the planning budget and the flexible budget: - Double click on "new sheet" at the bottom of the workbook and change the name of the newly created "Sheet 1" to "Actual vs. Budgeted Expenses" - On the left-hand side under "Dimensions" (sometimes labeled as Tables), double-click on "Expense" - On the left-hand side under "Measures", double click on "Actual Results" - On the left-hand side under "Measures", double click on "Flexible Budget" - On the left-hand side under "Measures", double click on "Planning Budget" - In the upper right-hand corner, click on "Show Me" and choose the "Side-by-side (bars)" option in the 3rd column third row down. - To better see the labels, in the top row of buttons, choose the "Swap Rows and Columns" button (") - Right-click on the x-axis where it says "Value" and choose "Edit Axis" - In the "Axis Titles" section modify the title from "Value" To "Amount" and then close out of the window - To improve viewing, locate the "Standard" dropdown option in the menu bar at the top of the screen. Click on that dropdown and choose "Entire View." - Your visualization should appear as follows: (Note that for all questions below you may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 1a. Which of the following statements is true with respect to the bar chart that you just created? ? The actual amount of the conductor and musicians' wages exceeds the amount in the planning budget. ? The actual amount of the conductor and musicians' wages exceeds the amount that would be expected for the actual level of activity. The conductor and musicians' wages in the flexible budget exceeds the corresponding amount in the planning budget. The conductor and musicians' wages in the planning budget exceeds the corresponding amount in the flexible budget. 1b. Which of the following statements is true with respect to the bar chart that you just created? The scenery and wardrobe expense in the flexible budget equals the corresponding amount in the planning budget, thereby suggesting that the cost driver for this expense is number of productions. The scenery and wardrobe expense in the flexible budget equals the corresponding amount in the planning budget, thereby suggesting that the cost driver for this expense is number of performances. The scenery and wardrobe expense in the flexible budget equals the corresponding amount in the planning budget, thereby suggesting that the cost drivers for this expense include number of productions and number of performances. The scenery and wardrobe expense in the flexible budget equals the corresponding amount in the planning budget, thereby suggesting that this expense is a fixed cost. c. Which of the following statements is true with respect to the bar chart that you just created? The actual amount of ticket booth personnel and ushers' wages is greater than the planning budget, but less than the flexible budget. The actual amounts of stagehands' wages and printed programs are both greater than the amounts expected according to the flexible budget. ? The actual amounts of orchestra venue rent and publicity both exceed their corresponding amounts in the flexible budget. ? The administrative expenses is the only one of eight expenses where the actual amount of the expense is less than the planning and flexible budgets. To complete this exercise, you will need to download and install Tableau on your computer. Tableau provides free instructor and student licenses as well as free videos and support for utilizing and learning the software. Once you are up and running with Tableau, watch the three "Getting Started" Tableau videos. All of Tableau's short training videos can be found here. [The following information applies to the questions displayed below.] The River Valley Orchestra, which is managed by a small number of full-time professional administrative staff, performs ensemble orchestra shows throughout the year. Its conductor and musicians rehearse without pay and are only paid for actual performances. The River Valley Orchestra has asked for your help in preparing a planning budget at the beginning of the year and evaluating actual expenses at the end of the year. The orchestra plans to have one production for each season (Spring, Summer, Winter, and Fall) with a total of 22 performances. For example, for the Summer production (a focus on classical music in films) they plan on having six performances. After interviewing various people affiliated with the orchestra you have developed the following cost formulas for each of the eight expenses that will be included in the planning budget: By the end of the year, The River Valley Orchestra actually put on four productions and a total of 26 performances. The actual expenses incurred during the year were as follows: which you will use to create some Tableau visualizations that compare the planning budget to the actual results. Upload the Excel file into Tableau by doing the following: 1. Open the Tableau Desktop application. 2. On the left-hand side, under the "Connect" header and the "To a file" sub-header, click on "Microsoft Excel." 3. Choose the Excel file and click "Open." 4. Since the only worksheet in the Excel File is "Performance Report" it will default as a selection with no further import steps needed ate a bar chart that compares the actual expenses to the planning budget and the flexible budget: - Double click on "new sheet" at the bottom of the workbook and change the name of the newly created "Sheet 1" to "Actual vs. Budgeted Expenses" - On the left-hand side under "Dimensions" (sometimes labeled as Tables), double-click on "Expense" - On the left-hand side under "Measures", double click on "Actual Results" - On the left-hand side under "Measures", double click on "Flexible Budget" - On the left-hand side under "Measures", double click on "Planning Budget" - In the upper right-hand corner, click on "Show Me" and choose the "Side-by-side (bars)" option in the 3rd column third row down. - To better see the labels, in the top row of buttons, choose the "Swap Rows and Columns" button (") - Right-click on the x-axis where it says "Value" and choose "Edit Axis" - In the "Axis Titles" section modify the title from "Value" To "Amount" and then close out of the window - To improve viewing, locate the "Standard" dropdown option in the menu bar at the top of the screen. Click on that dropdown and choose "Entire View." - Your visualization should appear as follows: (Note that for all questions below you may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 1a. Which of the following statements is true with respect to the bar chart that you just created? ? The actual amount of the conductor and musicians' wages exceeds the amount in the planning budget. ? The actual amount of the conductor and musicians' wages exceeds the amount that would be expected for the actual level of activity. The conductor and musicians' wages in the flexible budget exceeds the corresponding amount in the planning budget. The conductor and musicians' wages in the planning budget exceeds the corresponding amount in the flexible budget. 1b. Which of the following statements is true with respect to the bar chart that you just created? The scenery and wardrobe expense in the flexible budget equals the corresponding amount in the planning budget, thereby suggesting that the cost driver for this expense is number of productions. The scenery and wardrobe expense in the flexible budget equals the corresponding amount in the planning budget, thereby suggesting that the cost driver for this expense is number of performances. The scenery and wardrobe expense in the flexible budget equals the corresponding amount in the planning budget, thereby suggesting that the cost drivers for this expense include number of productions and number of performances. The scenery and wardrobe expense in the flexible budget equals the corresponding amount in the planning budget, thereby suggesting that this expense is a fixed cost. c. Which of the following statements is true with respect to the bar chart that you just created? The actual amount of ticket booth personnel and ushers' wages is greater than the planning budget, but less than the flexible budget. The actual amounts of stagehands' wages and printed programs are both greater than the amounts expected according to the flexible budget. ? The actual amounts of orchestra venue rent and publicity both exceed their corresponding amounts in the flexible budget. ? The administrative expenses is the only one of eight expenses where the actual amount of the expense is less than the planning and flexible budgets