The following is a pacially completed performance report for Surf World (Click the icon to view the information Read the requirements 1. How many pooh did Surf World originally think they would install in Apell? The Surf Wodd planned to pool in April 2. How many pools de Surf World actually install in Apari The that Surf World insid Loon in April 3. How many pools is the bodge based on? Why? The ble budget for performance reports is always based on the that mangas compare output for the month This is dones meaning they can con and the Therefore, Surf World's flexible des based on pools 4 What was the bodood sales price per pool Round your answer to the nearest while dollar The budgeted sale price perpool 5. What was the budgeted variable cost per poor hund your ton nearest whole dar) The budgeted variable contine 6.Define the exoletudgavutiance What caused? As the name suggest the foot variance is the difference on the ince the and the V are based of output this variance expected revenue and that was by die 7.Define the volume vorlice Water The volume variance is the difference between the Y and the The only difce won the book is the Therefore, the volume vince is caused by differences between 3. Fin the mining the performance report Beetodice whether fans favorable for ontwole the varices positive numbers Labolach cestovo contences make vce of condered in Surt World Flexible Budget Performance lepot: Sales and Operating For the Year End Apr 30 Flexible Budget Variance Volume Variance Mour 115.000 124000 9.200 Oropes Vaata 5.000 70.000 27.100 000 27.100 7100 tulang Requirements 1. How many pools did Surf World originally think it would install in April? 2. How many pools did Surf World 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. es es erg Val Fi tal Print Done are 1 Data table exible be ed sales ce is sed variabil costis A B D E 1 Surf World 2 Flexible Budget Performance Report Sales and Operating Expenses 3 For the Year Ended April 30 Flexible Budget Flexible Volume 4 Actual Variance Budget Variance 5. Sales volume (number of pools installed) 5 ? ? 7 6 Sales revenue $ 115,000 2 $ 124,000 ? T Operating expenses B Variable expenses $65.000 2 $70,000 Fbued expenses 23.000 2 27.100 2 ? 10 Total operating expenses ? ? Master Budget 4 widget varia $ 99,200 e based on the flexible Toutput this variance will $ 55.000 27.100 is the differe e variance is nach variance as favorable (F) numbers in if the variance Print Dono Flex