The City Symphony Orchestra presents a series of concerts throughout the year. Budgeted fixed costs total $300,500 for the concert season; variable costs are expected to average $5.50 per patron. The orchestra uses flexible budgeting. Required: A. Prepare a flexible budget that shows the expected costs of 8,100,8,600, and 9,100 patrons. B. Construct the orchestra's flexible budget formula. C. Assume that 8,500 patrons attended concerts during the year just ended, and actual costs were: variable, $41,000; fixed, $308,500. Evaluate the orchestra's financial performance by computing variances for variable costs and fixed costs. Complete this question by entering your answers in the tabs below. Prepare a flexible budget that shows the expected costs of 8,100,8,600, and 9,100 patrons