After downloading the Excel form on this page, follow the instructions provided below to create your own worksheet version of the Review Problem in the text on pages 408-409.
Instructions:
- Enter formulas in the cells that contain question marks. For example, in cell B30 enter the formula "= B19".
- In the flexible budget performance reports in the text, the 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 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 dollar amounts match the numbers in the Review Problem.
Once you have verified that your worksheet matches the Review Problem, return to the textbook and complete the requirements as assigned by your instructor.
 Chapter 09 Applying Excel Forms
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