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

ActualBudgetTotal Revenue$654,000$789,000Total Food Cost$114,000$104,000Total Variable Labor$60,000$75,000Total Fixed Costs$180,000$180,000Guests Served282,000 guests244,000 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