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

	A B C D E
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Chapter 9: Applying Excel Data Revenue $16.50 q Cost of ingredients $6.25 q Wages and salaries $10,400 Utilities $800 + $0.20 q Rent $2,200 Miscellaneous $600 + $0.80 q Actual results: Revenue $29,445 Cost of ingredients $11,465 Wages and salaries $10,285 Utilities $1,180 Rent $2,200 Miscellaneous $2,070 Planning budget activity 1,700 meals served Actual activity 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, 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)). Garrison 16e Rechecks 2017-08-04, 2017-10-06

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