The following is a partially completed performance report for Sunshine Pools.

1. How many pools did Sunshine Pools originally think it would install in April?
2. How many pools did Sunshine Pools actually install in April?
3. How many pools is the flexible budget based on? Why?
4. What was the budgeted sales price per pool?
5. What was the budgeted variable cost per pool?
6. Define the flexible budget variance. What causes it?
7. Define the volume variance. What causes it?
8. Fill in the missing numbers in the performance report.

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н Sunshine Pools Flexible Budget Performance Report: Sales and Operating Expenses For the Year Ended April 30 Flexible Budget Flexible Actual Volume Variance Master Budget Variance Budget 6 Sales volume (number of pools installed) 8 Sales revenue 9 Operating expenses: 102,000 108,000 86,400 Variable expenses 41,600 10 50,000 24,000 52,000 28,100 Fixed expenses 11 12 Total operating expenses 13 28,100