If someone can help me as well as include the excel formulas I will give a thumbs up. Please include the excel formulas. Thanks! :) For example, in cell B30 enter the formula "= B20".Notes:In the text, variances are always displayed as positive numbers. To accomplish this, you can use the ABS() function in Excel. For example, the formula in cell C31 would be"=ABS(E31-B31)".Cells D31 through D39 and G31 through G39 already contain formulas to compute and display whether variances are Favorable or Unfavorable. Do not enter data orformulas into those cells-if you do, you will overwrite these formulas.After entering formulas in all of the cells that containedestion marks, verify that the amounts match the numbers in the exaple in the text.Check your worksheet by changing the revenue in cell D4 to $16.00; the cost of ingredients in cell D5 to $6.50; and the wages and salaries in cell B6 to $10,00O. Theactivity variance for net operating income should now be $850 U and the spending variance for total expenses should be $410 U. If you do not get these answers, find theerrors in your worksheet and correct them. x fxChapter 9: Applying ExcelA1AВCEFH.1 Chapter 9: Applying Excel23 Data$16.00 q$6.50 q4 Revenue5 Cost of ingredients6 Wages and salaries7 Utilities$10,000$800$2,200$600$0.20 q8 Rent9 Miscellaneous$0.80 q+1011 Actual results:12 Revenue13 Cost of ingredients14 Wages and salaries$27,920$11,110$10,130$1,080$2,200$2,24015 Utilities16 Rent17 Miscellaneous1819 Planning budget activity20 Actual activity1,800 meals served1,700 meals served2122 Enter a formula into each of the cells marked with a ? below23 Review Problem: Variance Analysis Using a Flexible Budget2425 Construct a flexible budget performance report26Revenue27andActivityBudget VariancesActualSpendingFlexiblePlanningBudget2829ResultsVariances30 Meals served?31 Revenue????32 Expenses:Cost of ingredientsWages and salaries33???34???35Utilities??36Rent?????Miscellaneous38 Total expenses39 Net operating income37???????????40

Flexible budget is prepared to analyze the actual performance of the company.

A В D E F G H 1 Chapter 9: Applying Excel 2 3 Data $16.00 q $6.50 q 4 Revenue 5 Cost of ingredients 6 Wages and salaries 7 Utilities $10,000 $800 $2,200 $600 $0.20 q 8 Rent 9 Miscellaneous $0.80 q + 10 11 Actual results: 12 Revenue 13 Cost of ingredients 14 Wages and salaries 15 Utilities $27,920 $11,110 $10,130 $1,080 $2,200 16 Rent 17 Miscellaneous $2,240 18 19 Planning budget activity 20 Actual activity 1,800 meals served 1,700 meals served 21 22 Enter a formula into each of the cells marked with a ? below 23 Review Problem: Variance Analysis Using a Flexible Budget 24 25 Construct a flexible budget performance report 26 Revenue 27 and Actual Results Flexible Spending Variances Activity Budget Variances Planning Budget 28 29 30 Meals served 31 Revenue ? 32 Expenses: Cost of ingredients Wages and salaries Utilities 33 ? 34 ? 35 ? ? ? 36 Rent ? ? 37 Miscellaneous ? ? ? ? 38 Total expenses 39 Net operating income ? ? ? ? ? ?

A В D E F G H 1 Chapter 9: Applying Excel 2 3 Data $16.00 q $6.50 q 4 Revenue 5 Cost of ingredients 6 Wages and salaries 7 Utilities $10,000 $800 $2,200 $600 $0.20 q 8 Rent 9 Miscellaneous $0.80 q + 10 11 Actual results: 12 Revenue 13 Cost of ingredients 14 Wages and salaries 15 Utilities $27,920 $11,110 $10,130 $1,080 $2,200 16 Rent 17 Miscellaneous $2,240 18 19 Planning budget activity 20 Actual activity 1,800 meals served 1,700 meals served 21 22 Enter a formula into each of the cells marked with a ? below 23 Review Problem: Variance Analysis Using a Flexible Budget 24 25 Construct a flexible budget performance report 26 Revenue 27 and Actual Results Flexible Spending Variances Activity Budget Variances Planning Budget 28 29 30 Meals served 31 Revenue ? 32 Expenses: Cost of ingredients Wages and salaries Utilities 33 ? 34 ? 35 ? ? ? 36 Rent ? ? 37 Miscellaneous ? ? ? ? 38 Total expenses 39 Net operating income ? ? ? ? ? ?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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How would I calculate this problem? I just guessed on which answer made sense to me. Please help. thank you in advance.
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Further info is in the attached images For the Excel part of the question give the solutions in the form of the Excel equations. Please and thank you! :) Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell B34 enter the formula "= B9". After entering formulas in all of the cells that contained question marks, verify that the dollar amounts match the example in the text. Check your worksheet by changing the beginning work in process inventory to 100 units, the units started into production during the period to 2,500 units, and the units in ending work in process inventory to 200 units, keeping all of the other data the same as in the original example. If your worksheet is operating properly, the cost per equivalent unit for materials should now be $152.50 and the cost per equivalent unit for conversion should be $145.50. Thank you!
Please help on parts 4 and 5. Please also show work on how to do.
I need help with this one thank you!!
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Can you help solve this problem. I have one more try.
I uploaded two pictures of the entire excel spreadsheet that I am trying to figure out. All the spots that say "FORMULA" needs solved.
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