Martin Family Inn is a bed and breakfast establishment in a converted 100-year-old mansion The Inn's guests appreciate its gourmet breakfasts and individually decorated rooms. There's overhead budget for the most recent month appears below (q-quests) Activity level (9) 100 guests Unit Variable overhead costs: $23.00 Laundry 11.009 Supplies Total Fixed overhead costs: Utilities Salaries and wages Depreciation Total overhead costs 220 4,290 2,680 $ 7,739 The Inn's variable overhead costs are driven by the number of guests. The room rate per guest is $250q (sales). REQUIRED: Prepare a static planning budget based on 100 guests Prepare a flexible budget based on 120 guests Show the variances that occur when comparing the two budgets