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Fill in the blanks Surf Land Pools Income Statement Performance Report Year Ended April 30 Flexible Budget for Actual Results at Flexible Budget Actual Number
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Surf Land Pools Income Statement Performance Report Year Ended April 30 Flexible Budget for Actual Results at Flexible Budget Actual Number of Sales Volume Static (Master) Budget Actual Prices Variance Output Units Variance 6 ? ? ? 5 Output units (pools installed) $ 104,000 ? $ Sales revenue 110,000 ? $ 91,665 Variable expenses ? ? 58,000 20,000 61,000 24,000 50,835 24,000 ? ? Fixed expenses 78,000 ? Total expenses 85,000 ? 74,835 $ 26,000 ? $ 25,000 ? $ 16,830 Operating incomeStep by Step Solution
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