ALL I NEED ARE THE FORMULAS FOR CELLS G41, G42, G43, J42, J43.

? 5 x Preparing a Performance Report - Excel FORMULAS DATA REVIEW FILE HOME INSERT PAGE LAYOUT VIEW Sign In i Calibri 11 AR A Paste BIU % Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells Editing Clipboard Font J42 A B E F 1 C D 1 Perfect Parties, Inc. has several divisions. One division provides birthday parties at their facility. 2 Each party sold provides entertainment, decorations, food, and party favors for 10 children. 3 The bookkeeper has prepared a report comparing actual results for the month of June to budgeted results. 4 5 6 Perfect Parties Birthday Party Division Analysis of Revenues and Costs For the Month Ended June 30 7 00 9 Planning Budget Actual Results Variances 10 80 92 11 Number of parties 12 A B D E F G H 1 K 200 F None 13 Revenue $ 36,000 $ 39,560 $ 3,560 F 14 Expenses: 15 Food costs 7,200 8,648 1,448 U 16 Party supplies 3,200 3,404 204 U 17 Party worker wages 6,400 7,728 1,328 U 18 Administrative salaries 3,700 3,500 19 Equipment depreciation 1,200 1,200 None 20 Rent 5,000 5,000 21 Total expense 26,700 29,480 2,780 U 22 Net operating income $ 9,300 $ 10,080 $ 23 Food costs, party supplies and party worker wages are variable costs. 24 Administrative salaries, equipment depreciation and rent are fixed costs. 25 26 Prepare a new report for June using the flexible budget approach. Enter all variances as positive amounts. If there is a variance, write an IF statements to indicate if it is For U (using capital letters). 780 F 27 A B E F H 31 Actual Results 92 C D G 28 If there is no variance, enter the word None. 29 Perfect Parties 30 Birthday Party Division Flexible Budget Performance Report For the Month Ended June 30 32 Planning Flexible 33 Revenue and Budget Activity Variances Budget Spending Variances 34 Number of parties 80 92 35 36 Revenues $ 36,000 $ 5,400 F $ 41,400 $ 1,840 v 37 Expenses: 38 Food costs 7,200 1,080 U 8,280 368 U 39 Party supplies 3,200 480 V 3,680 276 F 40 Party worker wages 6,400 960 U 7,360 368 U 41 Administrative salaries 3,700 3,700 200 F 42 Equipment depreciation 1,200 1,200 43 Rent 5,000 5,000 44 Total expense 26,700 2,520 v 29,220 260 U 45 Net operating income $ 9.300 $ 2.880 F $ 12.180 $ 2.100 U $ $ 39,560 8,648 3,404 7,728 3,500 1,200 5,000 29,480 10.080 S 46 47 48 49