Measure the distance between the studs in the unfinished wall of the bonus room, starting at one corner of the room. Measure the height of the wall.
Transfer the measurements to a foam panel and mark with a pencil. Score the foam panel with a utility knife along the marked lines, guiding the knife with a straightedge. Snap off the excess foam panel with your hands.
Place the foam panel in position between the studs to check the fit. Trim any excess foam if necessary.
Apply construction adhesive to the back of the foam panel and place it against the wall. Hold the panel in position for several minutes to allow the glue to set.
Move to the next set of studs and cut a foam panel piece to fit. Install as before.
When all the wall spaces are finished, cover any seams between foam panels with vinyl tape. Caulk around the edges of the foam panels with acrylic caulk.