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read requirements pls The following is a partially...

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Accounting

read requirements pls
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The following is a partially completed performance report for Surf Time. Click the icon to view the information.) Read the requirement 1. How many pools did Surf Time originally think they would install in April? The that Surf Time planned to sell pools in April. - Requirements 1. How many pools did Surf Time originally think it would install in April? 2. How many pools did Surf Time 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. Print Done Data table A D E Master Budget 4 1 Surf Time 2 Flexible Budget Performance Report: Sales and Operating Expenses 3 For the Year Ended April 30 Flexible Budget Flexible Volume 4 Actual Variance Budget Variance 5 Sales volume (number of pools Installed) 5 2 ? ? $ 104,000 ? 6 Sales revenue $ 109,000 2 7 Operating expenses: 8 $ 55,000 Variable expenses ? 7 $ 58,000 9 ? 25,000 Fixed expenses 28,900 ? ? 2 2 2 10 Total operating expenses $ 87,200 $ 46,400 28.900

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