Requirement 4. What was the effect on Tinted's operating income of selling 300 sets more than the static budget level of sales? Selling 300 units more than the static budget level of sales by $ 18,462 , which is the favorable sales volume variance increased Tinted Toy company's operating income calculated in Requirement 3. Requirement 5. What is Tinted's static budget variance for operating income? Tinted Toy Company's static budget variance is 19,712 favorable Requirement 6. Explain why the flexible budget performance report provides more useful information to Tinted's managers than the static budget performance report. What insights can Tinted's managers draw from this performance report? The static budget is prepared for and it and change after it is developed. The static budget variance is the difference between The flexible budget performance report (Requirement 3) provides more useful information than the simple static budget performance report because it