Requirement $2$:

Revise the data in your worksheet to reflect the results for the subsequent period as shown below: a$.$ What is the activity variance for revenue?

Note: 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 activity variance for revenue

b$.$ What is the spending variance for the cost of ingredients?

Note: 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 the cost of ingredients c$.$ What is spending variance for wages and salaries?

Note: 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

d$.$ What is spending variance for total expenses?

Note: 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 total expenses