please create an excel spreadsheet with calculations

Problem 2: Flexible Budget and Variances Smith Company had the following information available: Units Selling Price Variable Cost Per Unit Fixed Costs Budget 1,000 $60 $27 $24,000 Actual 1,100 $56 $28 $25,000 Required Prepare the static budget, actual income statement and flexible budget income statement. Calculate the sales volume variances and the flexible budget variances for each item on the income statement. Make sure your variances include favorable or unfavorable Write a brief summary explaining how they did and the reasons for your conclusion Problem 2: Write Your Answers Here Actual Flex Budget Variances Flexible Budget Sales- Volume Variances Static Budget Units Sold Sales Variable Costs Fixed Costs Net Income Explanation