list Question 1 The following is a partially completed performance report for Surf's Up (Click the icon to view the information.) Read the requirements 1. How many pools did Surf's Up originally think they would install in Apri Question 2 The Question 3 O Question 4 that Surf's Up planned to sell Data table pools in Apri Points of 2 actual results indicate flexible budget indicates D E master budget indicates 1 Surf's Up 2 3 Flexible Budget Performance Report: Sales and Operating Expenses For the Year Ended April 30 Flexible Budget Flexible * Actual Variance Budget Volume Varlance Master Budget 5 Sales volume (number of pools installed) 6 Sales revenue 5 7 ? ? $ 120.000 $ 125.000 9 $ 100,800 Requirements 1. How many pools did Surf's Up originally think it would install in Apri 2. How many pools did Surf's Up actually install in Apri 3. How many pocis 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 cause? 7. Define the volume variance. What causes it? BF in the missing numbers in the performance report 7 Operating expenses B Variable expense $ 54,000 7 $ 60.000 2 $48,000 9 Fixed expenses 22.000 P 25.800 7 25.800 10 Total operating expenses 7 7 9 Print Done Print Done X