Surf World Flexible Budget Performance Report: Sales and Operating Expenses For the Year Ended April 30 Flexible Budget Flexible Actual Variance Budget Volume Variance Master Budget Output units (pools installed) 5 0 F F 5 FY $ 105,000 $ 111,000 $ 88,800 Sales revenue Operating expenses: Variable expenses Fixed expenses Total operating expenses 56,000 62,000 49,600 20,000 24,200 24,200 F B D E 1 Surf World 2 3 Flexible Budget Performance Report: Sales and Operating Expenses For the Year Ended April 30 Flexible Budget Flexible Volume Actual Variance Budget Variance Master Budget 4 5 ? ? ? 5 Sales volume (number of pools installed) $ 105,000 ? $ 111,000 ? $ 88,800 6 Sales revenue 7 Operating expenses: B Variable expenses ? ? $ 56,000 20,000 7 2 $ 62,000 24,200 $ 49,600 24,200 ? 9 Fixed expenses ? 2 ? 2 2 10 Total operating expenses