1) Summary.r Performance Report Consider the following data for H S: R Block: 0 Static budget data: sales, 2,500 clients at $350 each; variable costs, $250 per client; xed costs, $150,000. - Actual results at actual prices: sales, 3,100 clients at $360 per client; variable costs, $800,000; fixed costs, $159,500. Required: 1. Prepare a summary performance report similar to slide 16 ("Analysis of Static-Budget Variances\"). 2. Fill in the blanks: Variances: - Flexible-budget variances Actual operating income