Please include the formulas for excel.

Perfect Parties, Inc has several divisions, one of which provides birthday parties at their focility, and has provided the actual and planning budget results for the month of June. The Controller has asked you prepare the Birthday Party Division Budget Performance Report. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. - Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell, "=E11" was entered, the formula would output the result from cell E11, or 80 in this example. using the other math symbols the result would output an appropriate answer for its function. - SUM function: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to utilize this function. From the Excel Simulation below, if in a blank cell "=SUM(E16,E17,E18) was entered, the formula would output the result of adding those three separate cells, or 13,300 in this example. Similarly. If in a blank cell "-SUM(E16. E18) was entered, the formula would output the some result of adding those cells, except they are expressed as a range in the formula, and the result would be 13,300 in this example. - ABS function: Allows you to retum the absolute value of a number or calculation. You can reference any cell to display its absolute value. or surround another formula with the ABS function, to retum the final result as an absolute value. From the Excel Simulation below, you can Then, the ABS portion of the formule returns the absolute value of the subtraction result, which would be 200 in this example - IF function Allows you to test a condition and return a specific value is the result is true and different value if the result is false. The syntax of the IF function is "-Ifitest_conditionvafue it_true value.if_false) and specific considerations need to be made when using this function. The test condition argument is an evaluation of the status of a cell, such as if the value of a cell is greater than, less than, of equal to another number or cell. The varie. it true and value. If false arguments will return any specific result for each option, such as another cell reference. a value, or text. Throughout the entire equation, if text is being used in the fest condition, vatue if trie, or valie. if folse arguments then the text itself should be entered in quototions so that Excet will recognize the text as a "strng of text" instead of another function. From the Excel Simulotion below, it in a blank cell "-IF(E13>30000;- Revenue is good"- Revenue is bad") wos entered, the formula would output the tesult of the volue it the since the test condtion would be result as true, of in this case the toxt "Revenue is good: Excel processes the if function by separating it out into separate parts. First the test condition - Excel thinks, find ced E13 and determine if the value is greater than 30,000 Once Excel determines if the resuit of that fest condition is TRUE or FALSE, is will return the value.-. trio or vatue. At. false. 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 result Food costs, party supplies and party worker wages are variable costs. Administrative salaries, equipment depreciation and rent are fixed costs. 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. If there is no variance, enter the word None. Perfect Parties Birthday Party Division Flexible Budget Performance Report For the Month Ended June 30 33 34 35 Number of parties 36 Revenues 37 Expenses: Food costs Party supplies Party worker wages Administrative salaries Equipment depreciation Rent 44 Total expense 45 Net operating income 46 47 48 49