The following is a partially completed performance report for Surf-Side Pools, one of Kool Time€™s competitors:

1. How many pools did Surf-Side originally think it would install in April?
2. How many pools did Surf-Side 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 sales volume variance. What causes it?
7. Define the flexible budget variance. What causes it?

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SURF-SIDE POOLS Income Statement Performance Report Year Ended April 30 Flexible Budget Actual Resuslxiblfor A Sales Static at ActualBugNumber of Vol(Master) Prices Viance Output UnitsVariance Budget Output units (pools installedy Sales revenue Variable expenses Fixed expenses Total expenses Operating income $90,000 50,000 25,000 75,000 $15,000 $108,000 $102,000 57,000 21,000 78,000 S 24,000 60,000 25,000 85,000 $23,000