The following is a partially completed performance report from Surf Time Pools, one of Kool Era's competitors: E (Click the icon to view the information.) 1. How many pools did Surf Time originally think it would install in April? 2. How many pools did Surf Time actually install in April? 3. How many pools is the flexible budget based on? Why? Data table 4. What was the budgeted sales price per pool? 5. What was the budgeted variable cost per pool? 6. Define the sales volume variance. What causes it? 7. Define the flexible budget variance. What causes it? - X Surf Time Pools Income Statement Performance Report Year Ended April 30 Flexible Sales Static Actual Results at 1. How many pools did Surf Time originally think they would install in April? The that Surf Time planned to sell pools in April. Budget Variance Flexible Budget for Actual Number of Output Units Volume Variance (Master) Budget Actual Prices 5 ? ? ? 4 Output units (pools installed) S 102.000 ? $ 108,000 ? $ Sales revenue 86,400 ? 2 Variable expenses Fixed expenses 62.000 20.000 65,000 24,000 52,000 24,000 ? ? ? 82.000 89,000 ? Total expenses 76,000 S 20,000 ? 19,000 ? $ 10,400 Operating income [ Print Done 1 Help me solve this Calculator Ask my instructor Clear all Check