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Requirements 1. What is the volume variance for total operating expenses? Favorable or unfavorable? 2. What is the flexible budget variance for total operating expenses?

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Requirements 1. What is the volume variance for total operating expenses? Favorable or unfavorable? 2. What is the flexible budget variance for total operating expenses? Favorable or unfavorable? 3. What is the master budget variance for total operating expenses? Favorable or unfavorable? Print Done per month) Data table A B D E F 1 Mark's Mowing Business Flexible Budget Variance Flexible Budget Performance Report for June Flexible Volume Budget Variance Master Budget Actual 210 210 60 2 Sales volume (number of mowing jobs) 3 Operating expenses: 4 Variable operating expenses ($10 per job) 5 Fixed operating expenses ($500 per month) 6 Total operating expenses $ 1,430 $ 1,260 $ 980 350 500 500 $ 1,780 $ 1,760 $ 1,480 Print Done Mark operates his own summer lawn-mowing company using a truck and equipment dedicated solely to business operations. Complete the flexible budget performance report below to answer the following questions: B Click the icon to view the performance report.) Read the requirements, make sure to enter in a Complete the flexible budget performance report. (Enter the variances as positive numbers. Label each variance as favorable (F) or unfavorable (U). If the variance is "O". A variance of zero is considered favorable.) Mark's Mowing Business Flexible Budget Variance Flexible Budget Performance Report for June Actual Flexible Master Budget Volume Variance Budget 210 60 Sales volume (number of mowing jobs) 210 Operating expenses: Variable operating expenses ($10 per job) Fixed operating expenses ($500 per month) S 1.260 $ 980 $ 1,430 350 500 500 $ 1,780 $ 1,760 $ 1,480 Total operating expenses

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