If Fousation Finance (EduF) is a statup that aims to use the power of social communitios to transtom the studeret loan markot it connects participants through a dedicated londing pool, enabing for every loan originated on is plattom. Edufi hopes to go publis in the near future and is keen to ensure that its financial results are in line with that ambition. Edufis budgeted and actual results for the thind quarter of 2020 ate prosented below. Requirement 1. Prepare Eoufis static budget of oporating income for the third quarter of 2020. 2. Prepare an analysis of variances for the thind quarter of 2020; identify the sales volume and flexble budget variances for operating income. 3. Compute the pedtessional labor price and efficienicy variances for the thind cuarter of 2020 . 4. What factors would you consider in evaluating the efoctiveness of professional laber in the third quarter of 2020 ? Requirement 1. Prepare EduFis static budget of oporating income for the third quarter of 2020 . (Do not round intermedary ealculations. Round the ameunt you enter into the input floid to the nearest whole dollar.) Requirement 1. Prepare Edufis static budget of operating income for the thind quarser of 2020. 2. Prepare an analysis of variances for the third quarter of 2020; idenaty the sales volume and feecle budget variances for operating income. 3. Compute the profossional labor price and efficiency variances for the third quarter of 2020. 4. What factors would you consisor in evaluasing the effectiveness of professional labor in the third quarter of 2020 ? for the third quarter of 2020 are presented below. II: (Click the inon to view the data.) Data table If Fousation Finance (EduF) is a statup that aims to use the power of social communitios to transtom the studeret loan markot it connects participants through a dedicated londing pool, enabing for every loan originated on is plattom. Edufi hopes to go publis in the near future and is keen to ensure that its financial results are in line with that ambition. Edufis budgeted and actual results for the thind quarter of 2020 ate prosented below. Requirement 1. Prepare Eoufis static budget of oporating income for the third quarter of 2020. 2. Prepare an analysis of variances for the thind quarter of 2020; identify the sales volume and flexble budget variances for operating income. 3. Compute the pedtessional labor price and efficienicy variances for the thind cuarter of 2020 . 4. What factors would you consider in evaluating the efoctiveness of professional laber in the third quarter of 2020 ? Requirement 1. Prepare EduFis static budget of oporating income for the third quarter of 2020 . (Do not round intermedary ealculations. Round the ameunt you enter into the input floid to the nearest whole dollar.) Requirement 1. Prepare Edufis static budget of operating income for the thind quarser of 2020. 2. Prepare an analysis of variances for the third quarter of 2020; idenaty the sales volume and feecle budget variances for operating income. 3. Compute the profossional labor price and efficiency variances for the third quarter of 2020. 4. What factors would you consisor in evaluasing the effectiveness of professional labor in the third quarter of 2020 ? for the third quarter of 2020 are presented below. II: (Click the inon to view the data.) Data table
