Need answers in formulas

1 2 Perfect Parties, Incorporated has several divisions. One division provides birthday parties at their facility. 3 Each party sold provides entertainment, 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. M9 fx Net operatang income B C D F G H Food costs, party supplies, and party worker wages are variable costs. Administrative salaries, equipment depreciation, and rent are fixed costs. Required: Prepare a new report for June using the flexible budget approach. Enter all variances as positive amounts. Leave no cells blank. (Use cells A10 to E2O from the given information, as well as A34 to H44 to complete this question.) Perfect Parties Birthday Party Division Flexible Budget Performance Report For the Month Ended June 30 Planning Budget Activity Number of parties Revenues Expenses: Food costs Party supplies Party worker wages Administrative salaries Equipment depreciation Rent Total expense Net operating income Results Varlances