Score: 0.36 of 2 pts % S10-12 (similar to) The following is a partially completed performance report for Water Land. (Click the icon to view the information.) Read the requirements. The 1. How many pools did Water Land originally think they would install in April? The master budget indicates that Water Land planned to sell 4 pools in April. 2. How many pools did Water Land actually install in April? acutal results indicate that Water Land installed 5 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 mc that managers can compare apples-to-apples meaning they can compare actual revenues and expenses to revenues and expenses they would expect to achieve given the same volume Therefore, Water Land's flexible budget is based on 5p pools. 4. What was the budgeted sales price per pool? (Round your answer to the nearest whole dollar.) The budgeted sales price is per pool. actual 0.36 of 2 pts 10-12 (similar to) Ollowing is a partially completed performance report for Water Land. Click the icon to view the information.) the requirements How 0 Requirements he How The 3. How 1. How many pools did Water Land originally think it would install in April? 2. How many pools did Water Land actually install in April? 3. How many pools is the flexible budget based on? Why? 4. What was the budgeted sales price per pool? 5. What was the budgeted variable cost per pool? 6. Define the flexible budget variance. What causes it? 7. Define the volume variance. What causes it? 8. Fill in the missing numbers in the performance report The flex for then that mad ompare actual revenud Print Done Therefou 4. What was the budgeted sales price per pool? (Round your answer to the nearest whole doltar.) The budgeted sales price is per pool Enter any number in the edit fields and then click Check Answer, parts 4 remaining Mac esc E C Search or type rto) ompleted performance report for Water Land. the information.) - Data Table d A B D m F w! 1 Water Land ind the or pel ompa 2 Flexible Budget Performance Report: Sales and Operating Expenses 3 For the Year Ended April 30 Flexible Budget Flexible Volume Master 4 Actual Variance Budget Variance Budget 5 Sales volume (number of pools Installed) 5 ? ? ? 4 6 Sales revenue $ 120,000 ? $ 127,000 ? $ 101,600 7 Operating expenses 8 Variable expenses $ 60,000 ? $ 65,000 ? $ 52.000 9 Fixed expenses 23,000 7 26,800 ? 26,800 ? ? ? ? ? 10 Total operating expenses anses ! and's udgeted es price Print Done or in the edit fields and then click Check Answer. Clear All Homework: Chapter 10 Homework Score: 0.36 of 2 pts 6 of 9 (7 complete) % S10-12 (similar to) The following is a partially completed performance report for Water Land. (Click the icon to view the information.) Read the requirements 1. How many pools did Water Land originally think they would install in April? The master budget indicates that Water Land planned to sell 4 pools in April. 2. How many pools did Water Land actually install in April? The acutal results indicate that Water Land installed 5 pools in April 3. How many pools is the flexible budget based on? Why? actual output for the month. This is done so meaning they can compare The flexible budget for performance reports is always based on the that managers can compare apples-to-apples actual revenues and expenses to revenues and expenses they would expect to achieve given the same volume Therefore, Water Land's flexible budget is based on 5 pools 4. What was the budgeted sales price per pool? (Round your answer to the nearest whole dollar) The budgeted sales price is per pool Score: 0.36 of 2 pts % S10-12 (similar to) The following is a partially completed performance report for Water Land. (Click the icon to view the information.) Read the requirements. The 1. How many pools did Water Land originally think they would install in April? The master budget indicates that Water Land planned to sell 4 pools in April. 2. How many pools did Water Land actually install in April? acutal results indicate that Water Land installed 5 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 mc that managers can compare apples-to-apples meaning they can compare actual revenues and expenses to revenues and expenses they would expect to achieve given the same volume Therefore, Water Land's flexible budget is based on 5p pools. 4. What was the budgeted sales price per pool? (Round your answer to the nearest whole dollar.) The budgeted sales price is per pool. actual 0.36 of 2 pts 10-12 (similar to) Ollowing is a partially completed performance report for Water Land. Click the icon to view the information.) the requirements How 0 Requirements he How The 3. How 1. How many pools did Water Land originally think it would install in April? 2. How many pools did Water Land actually install in April? 3. How many pools is the flexible budget based on? Why? 4. What was the budgeted sales price per pool? 5. What was the budgeted variable cost per pool? 6. Define the flexible budget variance. What causes it? 7. Define the volume variance. What causes it? 8. Fill in the missing numbers in the performance report The flex for then that mad ompare actual revenud Print Done Therefou 4. What was the budgeted sales price per pool? (Round your answer to the nearest whole doltar.) The budgeted sales price is per pool Enter any number in the edit fields and then click Check Answer, parts 4 remaining Mac esc E C Search or type rto) ompleted performance report for Water Land. the information.) - Data Table d A B D m F w! 1 Water Land ind the or pel ompa 2 Flexible Budget Performance Report: Sales and Operating Expenses 3 For the Year Ended April 30 Flexible Budget Flexible Volume Master 4 Actual Variance Budget Variance Budget 5 Sales volume (number of pools Installed) 5 ? ? ? 4 6 Sales revenue $ 120,000 ? $ 127,000 ? $ 101,600 7 Operating expenses 8 Variable expenses $ 60,000 ? $ 65,000 ? $ 52.000 9 Fixed expenses 23,000 7 26,800 ? 26,800 ? ? ? ? ? 10 Total operating expenses anses ! and's udgeted es price Print Done or in the edit fields and then click Check Answer. Clear All Homework: Chapter 10 Homework Score: 0.36 of 2 pts 6 of 9 (7 complete) % S10-12 (similar to) The following is a partially completed performance report for Water Land. (Click the icon to view the information.) Read the requirements 1. How many pools did Water Land originally think they would install in April? The master budget indicates that Water Land planned to sell 4 pools in April. 2. How many pools did Water Land actually install in April? The acutal results indicate that Water Land installed 5 pools in April 3. How many pools is the flexible budget based on? Why? actual output for the month. This is done so meaning they can compare The flexible budget for performance reports is always based on the that managers can compare apples-to-apples actual revenues and expenses to revenues and expenses they would expect to achieve given the same volume Therefore, Water Land's flexible budget is based on 5 pools 4. What was the budgeted sales price per pool? (Round your answer to the nearest whole dollar) The budgeted sales price is per pool