Data table The following is a partially completed performance report for Water Land. (Click the icon to view the information.) Requirements Read the requirements. 1. How many pools did Water Land originally think it would install in April? 2. How many pools did Water Land actually install in April? 1. How many pools did Water Land originally think they would install in April? 3. How many pools is the flexible budget based on? Why? 4. What was the budgeted sales price per pool? 5. What was the budgeted variable cost per pool? 6. Define the flexible budget variance. What causes it? 7. Define the volume variance. What causes it? 2. How many pools did Water Land actually install in April? 8. Fill in the missing numbers in the performance report. The that Water Land installed pools in April. 3. How many pools is the flexible budget based on? Why? The flexible budget for performance reports is always based on the output for the month. This is done so that managers can compare meaning they can compare Therefore, Water Land's flexible budget is based on 4. What was the budgeted sales price per pool? (Round your answer to the nearest whole dollar.) The budgeted sales price is per pool. 5. What was the budgeted variable cost per pool? (Round your answer to the nearest whole dollar.) 5. What was the budgeted variable cost per pool? (Round your answer to the nearest whole dollar.) The budgeted variable cost is ] per pool. 6. Define the flexible budget variance. What causes it? As the name suggests, the flexible budget variance is the difference between the and the Since the and the are based on of output, this variance highlights unexpected revenues and expenses that are caused by factors other than 7. Define the volume variance. What causes it? The volume variance is the difference between the and the The only difference between these two budgets is the Therefore, the volume variance is caused by differences between is 0, make sure to enter in a "0". A variance of zero is considered favorable.) Water Land Flexible Budaet Performance Report: Sales and Operatina Expenses