Prepare a performance report for the year that shows the flexible budget and sales volume variances.

Sunland manufactures aluminum canoes. In planning for the coming year, CFO Alexis King is considering three different sales targets: 2,300 canoes, 2,800 canoes, and 3,300 canoes. Canoes sell for $650 each. The standard variable cost information for a canoe is as follows. Annual fixed overhead cost is expected to be: Alexis King chose to prepare a static budget based on sales of 3,100 canoes. Actual sales were 3,150 canoes at a price of $640 each. The compary incurred the following costs for the year: 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 O for the amounts.) 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