2 Perfect Parties, Inc. has several divisions. One division provides birthday parties at their facility. 3 Each party sold provides entertalnment, decorations, food, and party favors for 10 children. 4 The bookkeeper has prepared a report comparing actual results for the month of June to budgeted results. 21 Food costs, party supplies, and party worker wages are variable costs. 22 Administrative salaries, equipment depreciation, and rent are fixed costs. 23 24 Required: 25 Prepare a new report for June using the flexible budget approach. 26 27 Enter all variances as positive amounts. Leave no cells blank. 28 (Use cells A10 to E20 from the given information, as well as A34 to H44 to complete this question.)