Answer Happy

**Please show formulas for those questions. Thank you!**
The Chapter 9 Form worksheet is to be used to create your own worksheet version of the main example in the text. Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell D21 enter the formula "=D14". 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 B25 would be "=ABS(F21-F22)". . Cells C25 through C27, C34 through C36, and C43 through C45 already contain formulas to compute and display whether variances are Favorable or Unfavorable. Do not enter data or formulas into those cells—if you do, you will overwrite these formulas. • After entering formulas in all of the cells that contained question marks, verify that the amounts match the numbers in the example in the text. Check your worksheet by changing the direct materials standard quantity in cell B6 to 2.9 pounds, the direct labor standard quantity in cell B7 to 0.6 hours, and the variable manufacturing overhead in cell B8 to 0.6 hours. The materials spending variance should now be $1,500 U, the labor spending variance should now be $3,720 F, and the variable overhead spending variance should now be $60 F. If you do not get these answers, find the errors in your worksheet and correct them. Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2.
B D D F F G H ! 1 M N 0 P R Chapter 9: Applying Excel Data Exhibit 0-8: Standard Cost Card Inputs Direct materials Direct labor Variable manufacturing overeed Standard Quantey 3.0 pounds 0.50 hours 0.50 hours Standard' Pace $4.00 per pound 322.00 per hour $5.00 per hour $ Aclusive $3.80 per pound $21.60 per hour ? per pound - 7 par pound ? per pound - ? 7 ? o Actual results 그 Actual output 2,000 unts 2 Actual variable manufacturing overtread cust $7,140 3 Actual Quantly + 4 Actual direct materials cast 6,500 pounds 5 Actual direct labor cast 1,050 hours 6 7 Enter a fouls into each of the valls marked with a ? betw & Main Example: Chapter 9 3 o Exhibit 9-11: Standard Cost Variance Analysis - Direct Materials 1 Actual Quantity of input, al Actual Price ? pounds 2 Actual Quantity of input, at Standard Price 7 pounds Standard Quantity Allowed for the Actual Output, at Standard Price ? pounds 4 Direct materials variants 5 Materials price variance ? Materials quantity variance ? 7 7 Materials spending variance ? 8 Exibit 9-12: Standard Cost Variance Analysis - Direct Labor Actual Hours of input, at Actual Rate ? hours 1 Actual Hours of input, at Standard Rale ? hours 2 Standard Hou Aloned for the Actual Output, at Standard Rete ? hours 3 Direct labor varenCAS: 4 Labar mate variance ? Labor efficiency variance ? 6 Labor spending variance ? 7 7 & Exhibit 0-13: Standard Cost Variance Analysis-Variable Manufacturing Overload Actual Hours of Input, at Actual Rate ? hours 0 Actual Hours of Input, at Standard Rate ? hours 1 Standard Hours Allowed for the Actual Output, at Standard Rate ? hours Varahle avamad variances: 2 Variable overt and rate variance 2 4 Variable overhead efficiency variance 5 Variable overhead spending verance ? 6 ? per hour - ? per hour - ? per hour ? ? 7 7 per hour ? per hour - ? per hour ? ? 7 ܀