The following is a partially completed performance report for Water Side. View the information.
Read the requirements.
Information
Water Side
Flexible Budget Performance Report: Sales and Operating Expenses
For the Year Ended April
tableActual,tableFlexible BudgetVariancetableFlexibleBudgettableVolumeVariancetableComprehensiveBudgetSales volume number of pools installedSales revenue,$$$Operating expenses:Variable expenses,$$$Fixed expenses,,Total operating expenses,,?,?,?,?,,?
Requirements
How many pools did Water Side originally think it would install in April?
How many pools did Water Side actually install in April?
How many pools is the flexible budget based on Why?
What was the budgeted sales price per pool?
What was the budgeted variable cost per pool?
Define the flexible budget variance. What causes it
Define the volume variance. What causes it
Fill in the missing numbers in the performance report.
