Bear Creek Golf Center reported actual operating income for the current year as $66,000. The flexible budget operating income for actual volume is $59,000, while the static budget operating income is $60,000. What is the flexible budget variance for operating income?

The flexible budget operating income was $59,000 and the actual operating income for the year was $66,000, so the variance between them is $7,000 (= $66,000 - $59,000).

That means that either the total net income was higher than expected or the total costs were lower than expected.

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Bear Creek Golf Center reported actual operating income for the current year as $66,000. The flexible budget operating income for actual volume is $59,000​, while the static budget operating income is $60,000. What is the flexible budget variance for operating​ income?

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Bear Creek Golf Center reported actual operating income for the current year as $66,000. The flexible budget operating income for actual volume is $59,000, while the static budget operating income is $60,000. What is the flexible budget variance for operating income?