Options are

a) (outside or within) (equal to or higher than or lower than) (equal to or higher than or lower than) (Favourable or unfavourable) (exceeds or is within)

b)(outside or within) (be higher than or be lower than or remain at) (greater than or less than or the same as) (would be a or would be no)

Kool-Time's relevant range is 0 to 11 pools per month. (Click the icon to view the income statement performance report.) Explain whether Kool-Time would have a sales volume variance for fixed expenses in the data above if a. Kool-Time installs 14 pools per month. b. Kool-Time installs seven pools per month $20,000 per month, and V the static budget fixed cost of $ per a. Installation of 14 pools per month is month. There would be Kool-Time's relevant range of 0 to 11 pools. Therefore, total budgeted fixed costs would be sales volume variance for fixed costs, since 14 pools the relevant range. SI per month the static budget fixed costs per month. b. Installation of 7 pools per month is Kool-Time's relevant range of 0 to 11 pools. Therefore, total budgeted fixed costs would There sales volume variance for fixed costs. Data Table - X (5) (3-5 Kool-Time Pools Income Statement Performance Report Month Ended June 30 (1) (2) (3) (1-3) Flexible Actual Budget Results Flexible for Actual at Actual Budget Number of Prices Variance Output Units 10 10 Sales Volume Variance 2 Static (Master) Budget 8 $24,000 F 16,000 F Output units (pools installed) Sales revenue Variable expenses Fixed expenses Total expenses Operating income $121,000 83.000 22.000 105,000 $1,000 F 3,000 U 2.000 UI 5,000 U $4,000 u $120,000 80.000 20.000 100,000 $ 20,000 $95.000 84.000 20.000 16,000 u $ 8.000 F 84.000 $12.000 $ 16,000 Flexible budget variance, Sales volume variano $4,000 u $8,000 F Static budget variance $4,000 F Budgeted sale price is $12.000 per pool, budgeted variable expense is $8,000 per pool, and budgeted total monthly fixed expenses are $20,000 Print Done