com This Test 11 pts ve Fun installed clever pools during July. Prepare an income statement performance report for Have Fun for Julyong the table below as a guide Click the icon to view the table) Assume that the actual sales price per pools 13.000, actual verable expenses total 564,500 and achulfed experts are $19.500 n 1. The matter budget was prepared with the following stumpons variabile cost of $8,000 per po Esed expenses of $20.300 per month and anticipated sales volume of ten pools at $13.000 per pool Requirement 1. Compute the sales volume variance and textle budget variance. Une thote verances to explan to Hin Fur's management uhy Jury Operating income difers from aperating some shown in the sites budget Requirement 1. Compute the sales volume variance and fexible budget variance. Use these variances to explain to Have Fun's management hy day operating cometers from operating nome shown in the state budget Prepare ancome talement report for Have Fun for Jay. For accounts with a nero balance, make sure to enter in the appropriate column Labelsch variance as tavourable (7)ae untevourable (e variance is 2000 do select label) Have Fun Pools Income Statement Performance Report Month Foto Budget for AR Sa Master Variance Output Units A No Sales Volume Variance Act Price Choose to intretiny number in the fields and then con todo F GTV 2 A w 5 6 0 Q E Have Fun installed eleven pools during July. Prepare an income statement performance mport for Have Fun for July, using the table below as a guide Click the icon to view the table.) Assume that the actual sales price per pool is $13,000, actual variable expenses total $64,500, and actual fixed expenses are $19,500 in July, Thomas fixed expenses of $20,300 per month, and anticipated sales volume of ten pools at $13.000 per pool Requirement 1. Compute the sales volume variance and flexible budget variance. Use these variances to explain to Have Fun's management why Julys operatin Month Ended July 31 Flexible Budget for Actual Results at Flexible Budget Actual Number of Sales Volume Static (Master) Actual Prices Varance Output Units Variance Budget Output units Sales revenue Variable expenses Find expenses Total expenses Operating income Use the sales volume variance and flexible budget variance to explain to Have Fun's management why July's operating income differs from operatir Choose from any list or enter any number in the input fields and then continue to the rooxt question AM 23 dan pools $13,000 per pool LUL 579,00 The master Weg was wong Requirement 1. Compute the sales volume variance and excl budget varon. Use these are to explain to Have Fur's management wysing income strong enote Output units Sales revenue Variable expenses Fixed expenses Total expenses Operating income Usg the sales volume variance and flexible budget variance to explain to Have Fun's management why ways operating income offers from operating come town in Detalic buto. Have Fun's actual operating income was $ the state budget. There are two primary reasons 1. Have Fun actually installed pool than expected. This operating Income by $ 2. Have Fun's actual expenses to install 11 pools were | than they should have been to install 11 pools. The flexible budget andere Funds Choose from any list or enter any number in the input fields and then continue to the next question W tv NA 09 23 3 2 R E
