how these value came plz help

3) Kootenay Bicycle Company expected to sell500 bikes at $800 per bike for 2020. Variable expenses were expected to be $550 a bike and fixed expenses were expected to be $60,000. Actual sales were 510 units, total sales revenue was $105,450, total variable expenses were $279,480 and fixed expenses were 61,000. A) Prepare an income statement performance report for Kootenay Bicycle Company. Flexible Budget Variance Output units Sales Revenue Variable Expenses Fixed Expenses Total Expenses Operating Income Actual results 510 405,450 279,480 61,000 340,480 64,970 2,550 U 1,020 F 1,000 U 20 F 2,530 U Flexible Budget for actual number of units 510 408,000 280,500 60,000 340,500 67,500 Sales Volume Variance 10 F 8,000 F 5,500 U 0 5,500 U 2,500 F Static Budget 500 400,000 275,000 60,000 335,000 65,000 B) What variance affected the company's results the most? What caused this variance? Sales Volume Variance which was caused by selling an extra 10 bikes. 3) Kootenay Bicycle Company expected to sell500 bikes at $800 per bike for 2020. Variable expenses were expected to be $550 a bike and fixed expenses were expected to be $60,000. Actual sales were 510 units, total sales revenue was $105,450, total variable expenses were $279,480 and fixed expenses were 61,000. A) Prepare an income statement performance report for Kootenay Bicycle Company. Flexible Budget Variance Output units Sales Revenue Variable Expenses Fixed Expenses Total Expenses Operating Income Actual results 510 405,450 279,480 61,000 340,480 64,970 2,550 U 1,020 F 1,000 U 20 F 2,530 U Flexible Budget for actual number of units 510 408,000 280,500 60,000 340,500 67,500 Sales Volume Variance 10 F 8,000 F 5,500 U 0 5,500 U 2,500 F Static Budget 500 400,000 275,000 60,000 335,000 65,000 B) What variance affected the company's results the most? What caused this variance? Sales Volume Variance which was caused by selling an extra 10 bikes