1. What is the activity variance for the revenue? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect) 2. 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 effec !Required information11Actual results:12 Revenue$30,25013 Cost of ingredients11,15514 Wages and salaries10,32515 Utilities1,11516 Rent2,20017 Miscellaneous$42,0301819 Planning budget activity1,700 meals served20Actual activity1,800 meals servedg "EI for fo vorn%24%24%24%24%24%24 vedHelpChapter 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 below:AChapter 9: Applying Excel2.DataRevenue16.50 qCost of ingredients6.25 q6.6 Wages and salaries10,400Utilities8000.20 q8.Rent2,2006.Miscellaneous6000.80 q1011Actual results:12 Revenue30.250< Prev2.of 2Next>....w. ..* 事 NN..%24%24%24%24%24%24%24%24%241.3.4.

Name: 1. What is the activity variance for the revenue? (Indicate the effect
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Description: 1. What is the activity variance for the revenue? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect) 2. What is the spending variance for the cost of ingredients? (Indicate the effect

Variance analysis is one of the important technique of management accounting analysis, under which…

Business

Accounting

1. What is the activity variance for the revenue? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect) 2. 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 effec

1. What is the activity variance for the revenue? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect) 2. 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 effec

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter4: Operating Activities: Sales And Cash Receipts

Section: Chapter Questions

Problem 1.5C

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