please answer this managerial accounting question

Question 2: Flexible Budget You have recently taken over as the General Manager for Lorette golf club. The most recent monthly Budget versus Actual Income Statement ended July has been supplied below (as well in the excel Lorette Golf Club Income Statement For the Month ended July Budget 4,000 Actual 6,500 Number of golf rounds Revenue Golf Rounds 380,000 618,000 Power Carts 140,000 225,000 520,000 843,000 Variable Costs Labour Golf Cart fuel Maintenance 100,000 20,000 48,000 195,000 45,000 76,000 Depreciation 2,800 4,550 200,800 350,550 Fixed Costs anagement Fees 45,000 Rent 35,000 Utilities 12,500 92,500 50,000 35,000 15,000 100,000 Income (Loss) before taxes 226,700 392,450 The owner of the golf course is happy about the results, however you are not so confident on that assumption. Required: Prepare a flexible budget to actual income statement and evaluate if the owner of the golf courses opinion on the results of the golf course are correct. Briefly discuss Are there any line items that you would want to investigate the differences in variances? Which ones and why