Please give an Excel answer for the yellow boxes. Thank you!

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 F or U (using capital letters). If there is no variance, enter the word None. Perfect Parties Birthday Party Division Flexible Budget Performance Report For the Month Ended June 30 Planning Budget Flexible Budget Revenue and Spending Variances Actual Results Activity Variances Number of parties Revenues Expenses: Food costs Party supplies Party worker wages Administrative salaries Equipment depreciation Rent Total expense Net operating income Perfect Parties, Inc. has several divisions. One division provides birthday parties at their facility. 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. Perfect Parties Birthday Party Division Analysis of Revenues and Costs For the Month Ended June 30 Planning Budget Actual Results Variances Number of parties 80 92 3,560 F Revenue $ 36,000 $ 39,560 Expenses: Food costs 7,200 8,648 Party supplies 3,200 3,404 Party worker wages 6,400 7,728 Administrative salaries 3,700 3,500 Equipment depreciation 1,200 1,200 Rent 5,000 5,000 Total expense 26,700 29,480 Net operating income $ 9,300 $ 10,080 Food costs, party supplies and party worker wages are variable costs. 1,448 U 204 U 1,328 U 200 F None - None 2,780 U 780 F $