Print Done The following is a partially completed performance report for Surf Land. (Click the icon to view the information.) Read the requirements. 1. How many pools did Surf Land originally think they would install in April? The that Surf Land planned to sell pools in April 2. How many pools did Surf Land actually install in April? The that Surf 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 10 Therefore, Surt Land's flexible budget is based on pools. 4. What was the budgeted sales price per pool? (Round your answer to the nearest whole doliar.) The budgeted sales price is per pool 5. What was the budgeted variable cost per pool? (Round your answor to the nearest wholo dollar.) The budgeted variable cost is per pool. 5. What was the budgeted variable cost per pool? (Round your answer to the nearest whole dolar.) The budgeted variablo cost is per pool. 6. Define the foxible budget variance. What causes it? As the name suggests, the flexible budget variance is the difference between the of output, this variance highlights unexpected revenues and expenses that are caused by factors other than 7. Define the volume variance. What canes it? The volume variance is the difference between the and the . The only difference betineen these wo budgets is the Therefore, the volume variance is caused by difforencea between favorable (F) or undaverable (U). If the variance is 0, make sure to endet in a "O". Avariance of zero is considered tavorable.) favorabla (F) or unfovorable (U). If the variance in 0 , make sure to ertor in a O%. A variance of zarp is considerod favorable.)