Teaparty is a small tax consulting firm offering its services to both corporate and private clients. Teaparty has installed a standard costing system whereby its CEO can analyze variances at the end of each year. The (static) budget for 2017 is set equal to the actual data of 2016. In 2016, Teaparty served 600 clients, generating total revenues of $360,000. Its variable costs in 2016 consisted of $150,000 professional labor costs, and $30,000 administrative support costs. Teaparty's fixed cost in 2016 was $45,000. Teaparty's actual data for 2017 is as follows: an actual number of 650 clients served resulted in actual revenues of $380,000; actual professional labor cost was $165,000; actual administrative support cost was $25,000; and actual fixed cost was $43,000. Required: Compute sales-volume variances and flexible-budget variances for revenues, professional labor costs, administrative support costs, and for fixed costs. Please fill the blanks numbered (1) to (16). Based on Year Year 2016 2017 Static For Budget Actual SVV For U FBV U Units (clients) 600 650 (1) (2) (3) (4) Revenues 360,000 380,000 Variable costs: (5) (6) (7) (8) Profess labor 150,000 165,000 (9) (10) (11) (12) Admin support 30,000 25,000 Contribution margin 180,000 190,000 (13) (14) (15) (16) Fixed cost Operating income 45,000 135,000 147,000 43,000