The following is a partially completed performance report for Golden Pools.

1. How many pools did Golden Pools originally think it would install in April?
2. How many pools did Golden Pools 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 performancereport.

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Golden Pools Flexible Budgot Performance Report: Sales and Operating Expenses For the Year Ended April 30 Flex ible Budget Variance Flexible et 5 Actual Volume Variance Master Budget 6 Sales volume (number of pools installed)5 7 8 Sales revenue 9 operating expenses: 10 Variable expenses 11 Fixed expenses 12 Total operating expenses 13 115000 S 121000 96,800 46 400 $ 75400 955,000 25,000 $58,000 29,000 80,000