Each cell must contain a formula, if you use your own excel sheet please make sure it is easy to follow and you show how you got each cell. Thanks!

OL HULL XUAL IR VILN Cahil 11 12 Paste BIU- S.A. AA 96 M Alignment Number Conditional Formatas Cell Cells Editing Formatting Table Styles Styles 1. Perfect Parties, Inc. has several divisions. One division provides birthday parties Clipboard Fort A1 > 8 points A 8 C E O G H 1 Perfect Poties, 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. The bookkeeper has prepared a report comparing actual results for the month of June to budgeted results. eBook 4 5 5 Perfect Parties Birthday Party Division Analysis of Revenues and Costs For the Month Ended June 30 Print 7 8 References Variances $ 3,560 F 9 Planning Budget Actual Results 10 11 Number of parties 80 92 12 13 Revenue $ 36,000 $ 39,560 14 Expenses: 15 Food costs 7,200 8,648 16 Party supplies 3,200 3,404 17 Party worker wages 6,400 7,728 15 Administrative salaries 3,700 3,500 19 Equipment depreciation 1,200 1,200 20 Rent 5,000 5,000 21 Total expense 26,700 29,480 22 Net operating income $ 9,300 $ 10,080 23 Food costs. partv suoilies and party worker wages are variable costs Sheet1 1.448 U 204 U 1,328 U 200 F None - None 2,780 780 F $ M 100% READY Attempts) 26 Prepare a new report for June using the flexible budget approach. 27 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) 28 If there is no variance, enter the word None. 29 Perfect Parties 30 Birthday Party Division Flexible Budget Performance Report 31 For the Month Ended June 30 32 Planning Flexible 33 Revenue and Actual Budget Budget Activity Variances Results Spending Variances 34 Number of parties 80 35 36 Revenues $ 36,000 37 Expenses: 38 Food costs 7,200 39 Party supplies 3,200 40 Party worker wages 6,400 41 Administrative salaries 3,700 42 Equipment depreciation 1,200 43 Rent 5,000 44 Total expense 26 700 45 Net operating income 94300 Sheet1 100