Question: Finance and account Take me to the text Using the following information, calculate the static budget, flexible budget and sales-volume variances: Actual Budget $792,000 $1,153,200

Finance and account

Take me to the text Using the following information, calculate the static budget, flexible budget and sales-volume variances: Actual Budget $792,000 $1,153,200 $94,000 $95,000 $51,000 $55,000 $180,000 $180,000 278,000 guests 264,000 guests Total Revenue Total Food Cost Total Variable Labor Total Fixed Costs Guests Served Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. Enter all variances as positive values. Actual Operating Income: $467000 Budgeted Operating Income: $ 823200 Budgeted CM per guest: $ 3.8 Flexible Budget Operating Income: $ 1214354.55 Static-budget Variance: $ 356200 Flexible Budget Variance: $4358159.06 Sales-volume Variance: $ 3203.66 Unfavourable Unfavourable Favourable +

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