Question: Please use excel formuals amd explain formulas not just numbers, how you got the answers which cells everything in yellow needs completion Using the formulas


Using the formulas provided, compute the following variances Write if statements to enter an F or U to indicate whether the variance is favorable or unfavorable. Note: Use cell A2 to A15 from the given information to complete this question. For an answer to be graded as correct, you must use an Excel formula: 1. Begin each formula with an = sign. 2. Reference cells, instead of entering values. Example: =B3+C3 1. Compute the direct material, direct labot and variable overhead variances. Complete the following table comparing actual costs to the flexible budget and master budget. Use formulas for the spending and volume variances so oppear as a negative number if unfavorable and a positive number if favorable Note: the cell A2 to A15 from the given information to complete this
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