Chapter 9, Problem 2AE

The Excel worksheet form that appears below is to be used to recreate the Renew Problem relating to Harrald’s Fish House. Download the workbook containing this form from Connect, where you will also receive instructions about how to use this worksheet form.
You should proceed to the requirements below only after completing your worksheet.

Required:

2. Revise the data in your worksheet to reflect the results for the following year;

Using the flexible budget performance report, briefly evaluate the company’s performance for the year and indicate where attention should be focused.