Using the following information, calculate the static budget, flexible budget and sales-volume variances:

	Actual	Budget
Total Revenue	$845,000	$1,017,500
Total Food Cost	$91,000	$117,000
Total Variable Labor	$52,000	$74,000
Total Fixed Costs	$180,000	$180,000
Guests Served	237,000 guests	285,000 guests

Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. Enter all variances as positive values. Actual Operating Income: $Answer Budgeted Operating Income: $Answer Budgeted CM per guest: $Answer Flexible Budget Operating Income: $Answer Static-budget Variance: $Answer AnswerFavourableUnfavourable Flexible Budget Variance: $Answer AnswerFavourableUnfavourable Sales-volume Variance: $Answer AnswerFavourableUnfavourable