Chapter 9: Applying Excel: Exercise (Part 2 of 2) (Algo) Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown B D E 2. $ $ 16.509 6.25 9 5 $ $ 10,400 800 $ 0.209 A 1 Chapter 9: Applying Excel 2 3 Data 4 Revenue 5 Cost of ingredients 6 Wages and salaries 7 Utilities 8 Rent 9 Miscellaneous 10 11 Actual results: 12 Revenue 13 Cost of ingredients 14 Wages and salaries 15 Utilities 16 Rent $ $ $ 2,200 600 + $ 0.809 $ $ $ $ 29,365 10,955 10,235 1,210 2,200 2,045 $ $ 17 Miscellaneous 18 19 Planning budget activity 1,700 meals served 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)). The amount of the spending variance for wages and salaries U 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 (ie, zero variance)). The amount of the spending variance for total expenses Chapter 9: Applying Excel: Exercise (Part 2 of 2) (Algo) Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown B D E 2. $ $ 16.509 6.25 9 5 $ $ 10,400 800 $ 0.209 A 1 Chapter 9: Applying Excel 2 3 Data 4 Revenue 5 Cost of ingredients 6 Wages and salaries 7 Utilities 8 Rent 9 Miscellaneous 10 11 Actual results: 12 Revenue 13 Cost of ingredients 14 Wages and salaries 15 Utilities 16 Rent $ $ $ 2,200 600 + $ 0.809 $ $ $ $ 29,365 10,955 10,235 1,210 2,200 2,045 $ $ 17 Miscellaneous 18 19 Planning budget activity 1,700 meals served 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)). The amount of the spending variance for wages and salaries U 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 (ie, zero variance)). The amount of the spending variance for total expenses