Marigold manufactures aluminum canoes. In planning for the coming year, CFO Alexis King is considering three different sales targets: 2,500 canoes, 3,000 canoes, and 3,500 canoes. Canoes sell for $800 each. The standard variable cost information for a canoe is as follows.

Direct materials		$	230
Direct labor			120
Variable overhead
Utilities			10
Indirect material			45
Indirect labor			30
Total		$	435

Annual fixed overhead cost is expected to be:

Maintenance		$	46,000
Depreciation			37,000
Insurance			32,000
Rent			58,000
Total		$	173,000

Alexis King chose to prepare a static budget based on sales of 3,300 canoes. Actual sales were 3,350 canoes at a price of $790 each. The company incurred the following costs for the year:

Direct material	$	770,000
Direct labor		405,000
Variable overhead		288,000
Fixed overhead		150,000
Total	$	1,613,000

Prepare a performance report for the year that shows the flexible budget and sales volume variances. (If operating income is negative, enter amounts using a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round answers to 0 decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter 0 for the amounts.)

		Actual Results	Flexible Budget Variance		Flexible Budget	Sales Volume Variance		Static Budget
Unit sales		enter a number of units			enter a number of units			enter a number of units
		$enter a dollar amount	$enter a dollar amount	select an option FavorableNot ApplicableUnfavorable	$enter a dollar amount	$enter a dollar amount	select an option FavorableNot ApplicableUnfavorable	$enter a dollar amount
		enter a dollar amount	enter a dollar amount	select an option UnfavorableFavorableNot Applicable	enter a dollar amount	enter a dollar amount	select an option Not ApplicableFavorableUnfavorable	enter a dollar amount
		enter a dollar amount	enter a dollar amount	select an option UnfavorableNot ApplicableFavorable	enter a dollar amount	enter a dollar amount	select an option Not ApplicableUnfavorableFavorable	enter a dollar amount
		enter a dollar amount	enter a dollar amount	select an option Not ApplicableFavorableUnfavorable	enter a dollar amount	enter a dollar amount	select an option UnfavorableFavorableNot Applicable	enter a dollar amount
		enter a total amount for this section	enter a total amount for this section	select an option FavorableNot ApplicableUnfavorable	enter a total amount for this section	enter a total amount for this section	select an option UnfavorableNot ApplicableFavorable	enter a total amount for this section
		enter a total amount for the first part	enter a total amount for the first part	select an option UnfavorableFavorableNot Applicable	enter a total amount for the first part	enter a total amount for the first part	select an option UnfavorableFavorableNot Applicable	enter a total amount for the first part
		enter a dollar amount	enter a dollar amount	select an option UnfavorableFavorableNot Applicable	enter a dollar amount	enter a dollar amount	select an option Not ApplicableUnfavorableFavorable	enter a dollar amount
		$enter a total amount for this budget	$enter a total amount for this budget	select an option FavorableUnfavorableNot Applicable	$enter a total amount for this budget	$enter a total amount for this budget	select an option UnfavorableFavorableNot Applicable	$enter a total amount for this budget