Jim operates his own summer lawn mowing company using a truck and equipment dedicated to...

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Accounting

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Jim operates his own summer lawn mowing company using a truck and equipment dedicated to business operations. Complete the flexible budget performance report below to weer the following question Click the loon to view the performance report.) Read the requirements Complete the flexble budget performance report. (Enter the variances as positive numbers. If the variance is make sure to enter in a "U". Labelcach variance as favorable or unavorable (Unis te verance is then do not weda Inbel) Jim's Mowing Business Flexible Budget Flexible Flexible Budget Performance Report for June Actual Variance Budget Volume Variante Budget Sales volume number of mowing jobs) 190 1901 95 $ 990 500 III $ 1,490 Operating expenses Variable operating expenses ($10 per job) $ 1.420 $ 1,300 450 500 Fixed operating expenses ($500 per month) $ 1.870 1,800 Total operating expenses 1. What is the volume variance for total operating expenses? Favorable or unfavorable? The volume variance for total operating expenses is 2. What is the flexible budget variance for total operating expenses? Favorable or unfavorable? The flexible budget variance for total operating expenses is $ 3. What is the master budget variance for total operating expenses? Favorable or unfavorable? The master budget variance for total operating expenses is $ Flexible Master Jim's Mowing Business Flexible Budget Performance Report for June Sales volume (number of mowing jobs) Flexible Budget Variance Actual Budget Volume Variance Budget 190 190 95 990 Operating expenses: Variable operating expenses ($10 per job) Fixed operating expenses ($500 per month) $ $ 1,420 450 1,300 500 500 1,800 $ 1,490 $ 1,870 Total operating expenses

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