Two inserts in PHP/MySQL using LAST_INSERT_ID() and rows from another table

Question

I am working on an events calendar using PHP and MySQL (V5.1) where the admin would add an event, and then an attendance list for that event would be created as well. I have

Answer 1

Put VALUES into $query2 to form a correct SQL-statement:

$query2 = mysql_query("INSERT INTO attendance (event_ID , member_ID) **VALUES (**SELECT LAST_INSERT_ID(), members.member_ID FROM members");