Performan:e Evaluation Complete a master budget performance report A hypothetical partial master budget performance report...
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Performan:e Evaluation Complete a master budget performance report A hypothetical partial master budget performance report for New England Fudge Company has been provided on the ENTERANSWERS tab. Use the blue shaded areas on the ENTERANSWERS tab for inputs. Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab or if you type the numbers in, you will be marked wrong. Requirement Fill in the missing amounts in the table. Be sure to indicate whether variances are favorable (F) or unfavorable (U). a. Use the ABS function when calculating variances, and use the drop-down selections for F or U when describing the variances. b. For variances that result in a zero amount, make sure to leave the result (it may show as a "0" or "-") in the appropriate cell and indicate that these variances are favorable (F). Saving \& Submitting Solution 1 Save file to desktop. a. Create folder on desktop, and label COMPLETED EXCEL PROJECTS 2 Upload and submit your file to be graded. a. Navigate back to the activity window - screen where you downloaded the initial spreadsheet b. Click Choose button under step 3; locate the file you just saved and click Open c. Click Upload button under step 3 d. Click Submit button under step 4 Viewing Results 1 Click on Results tab in MyAccountingLab 2 Click on the Assignment you were working on 3 Click on Project link; this will bring up your Score Summary 4 Within Score Summary window, click on Download (upper right) to download the spreadsheet with feedback (Use the ABS function when calculating variances, and use the drop-down selections for F or U when describing the variances. Mark any 0 variances as " F ".) (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab or if you type the numbers in, you will be marked
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