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

1. How many pools did Sunshine originally think it would install in April?
2. How many pools did Sunshine 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.

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SUNSHINE POOLS Income Statement Performance Report Year Ended April 30 Actual Flexible Flexible Budget VolumeMaster Results at Budget for Actual Number Variance Budget of Output Units Actual Prices Variance Output units (pools installed)6 Sales revenue Variable expenses Fixed expenses Total expenses Operating income $102,000 57,000 21,000 78,000 S 24,000 $108,000 60,000 25,000 85,000 $ 23,000 $90,000 50,000 25,000 75,000 $15,000