Bear Creek Golf Center reported actual operating income for the current year as AED 65,000. The flexible budget operating income for actual volume is AED 59,000, while the static budget operating income is AED 60,000. What is the flexible budget variance for operating income? AED (Both must be correct for credit) Is this Favorable or Unfavorable Accelerated Finance is deciding whether to purchase accounting software. The cost new of the software package is AED 59,000, and its expected life is ten years. The payback for this investment is four years. Assuming equal yearly cash inflows, what are the expected annual net cash savings from the new software? (Assume the investment has no residual value). AED