Please help solve! Q: Prepare a new report for June using the flexible budget approach.

Perfect Parties, Incorporated 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. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Perfect Parties } \\ \hline \multicolumn{5}{|c|}{ Birthday Party Division Analysis of Revenues and Costs } \\ \hline \multicolumn{5}{|c|}{ For the Month Ended June 30} \\ \hline & \begin{tabular}{c} Planning \\ Budget \end{tabular} & \begin{tabular}{l} Actual \\ Results \end{tabular} & Variances & \\ \hline Number of parties & 80 & 92 & & \\ \hline Revenue & $36,000 & $39,560 & $3,560 & F \\ \hline \multicolumn{5}{|l|}{ Expenses: } \\ \hline Food costs & 7,200 & 8,648 & 1,448 & U \\ \hline Party supplies & 3,200 & 3,404 & 204 & U \\ \hline Party worker wages & 6,400 & 7,728 & 1,328 & U \\ \hline Administrative salaries & 3,700 & 3,500 & 200 & F \\ \hline Equipment depreciation & 1,200 & 1,200 & 0 & None \\ \hline Rent & 5,000 & 5,000 & 0 & None \\ \hline Total expense & 26,700 & 29,480 & 2,780 & U \\ \hline Net operating income & $9,300 & $10,080 & $780 & F \\ \hline \end{tabular} Food costs, party supplies, and party worker wages are variable costs. Administrative salaries, equipment depreciation, and rent are fixed costs. Required: Prepare a new report for June using the flexible budget approach. Enter all variances as positive amounts. Leave no cells blank. (Use cells A10 to E20 from the given information, as well as A34 to H44 to complete this question.) Perfect Parties Birthday Party Division Flexible Budget Performance Report For the Month Ended June 30 Planning Activity Flexible Revenue and Spending Actual Budget Variances Budget Variances Results \begin{tabular}{|c|c|c|c|c|c|c|} \hline Party worker wages & 6,400 & 7,728 & 1,328 & & & \\ \hline Administrative salaries & 3,700 & 3,500 & 200 & & & \\ \hline Equipment depreciation & 1,200 & 1,200 & 0 & None & & \\ \hline Rent & 5,000 & 5,000 & 0 & None & & \\ \hline Total expense & 26,700 & 29,480 & 2,780 & U & & \\ \hline Net operating income & $9,300 & $10,080 & $780 & F & & \\ \hline \multicolumn{7}{|c|}{ Food costs, party supplies, and party worker wages are variable costs. } \\ \hline \multicolumn{7}{|c|}{ Administrative salaries, equipment depreciation, and rent are fixed costs. } \\ \hline \multirow{2}{*}{\multicolumn{7}{|c|}{ Required: }} \\ \hline & & & & & & \\ \hline \multicolumn{7}{|c|}{ Prepare a new report for June using the flexible budget approach. } \\ \hline \multicolumn{7}{|c|}{ Enter all variances as positive amounts. Leave no cells blank. } \\ \hline \multicolumn{7}{|c|}{ (Use cells A10 to E20 from the given information, as well as A34 to H44 to complete this question.) } \\ \hline \multicolumn{7}{|c|}{ Perfect Parties } \\ \hline \multirow{2}{*}{\multicolumn{7}{|c|}{\begin{tabular}{c} Birthday Party Division Flexible Budget Performance Report \\ For the Month Ended June 30 \end{tabular}}} \\ \hline & & & & & & \\ \hline & \begin{tabular}{c} Planning \\ Budget \end{tabular} & \begin{tabular}{l} Activity \\ Variances \end{tabular} & & \begin{tabular}{l} Flexible \\ Budget \end{tabular} & \begin{tabular}{l} Revenue and Spending \\ Variances \end{tabular} & \begin{tabular}{l} Actual \\ Results \end{tabular} \\ \hline Number of parties & 80 & & & 92 & & 92 \\ \hline Revenues & $36,000 & & & & & $39,560 \\ \hline \multicolumn{7}{|l|}{ Expenses: } \\ \hline Food costs & 7,200 & & & & & 8,648 \\ \hline Party supplies & 3,200 & & & & & 3,404 \\ \hline Party worker wages & 6,400 & & & & & 7,728 \\ \hline Administrative salaries & 3,700 & & & & & 3,500 \\ \hline Equipment depreciation & 1,200 & & & & & 1,200 \\ \hline Rent & 5,000 & & & & & 5,000 \\ \hline Total expense & 26,700 & & & & & 29,480 \\ \hline Net operating income & $9,300 & & & & & $10,080 \\ \hline \end{tabular}