Question: Please help answer all required parts, master budget and flexible budget performance report are included and complete just answer questions please and thank you! 9.



9. Answer the following questions: a. What is the Flex budget variance for operating income? $ For U? b. What is the Volume variance for operating income? s F or U? c. Does the combination of the flex budget variance and volume variance sum to the master budget variance for operating income? Y or N ? Should it always sum to the master budget variance? Y or N? d. How much of the master budget variance for Sales revenue was caused by an unanticipated increase in volume? For U? e. How much of the master budget variance for Commissions Exp. was caused by an unanticipated increase in volume? F or U? f. How much of the master budget variance for Advertising Expenses was caused by an unanticipated increase in volume? For U? g. How much of the master budget variance for CGS was caused by some factor other than volume? (Hint: this is NOT a manufacturing business). 4 For U? What could account for this variance? h. How much of the master budget variance for Sales Revenue was caused by some factor other than volume? s For U? budget variance for operating income? Y or N? Should it always sum to the master budget variance? Y or N? d. How much of the master budget variance for Sales revenue was caused by an unanticipated increase in volume? For U? e. How much of the master budget variance for Commissions Exp. was caused by an unanticipated increase in volume? F or U? f. How much of the master budget variance for Advertising Expenses was caused by an unanticipated increase in volume? For U? g. How much of the master budget variance for CGS was caused by some factor other than volume? (Hint: this is NOT a manufacturing business). \$\$ For U? What could account for this variance? h. How much of the master budget variance for Sales Revenue was caused by some factor other than volume? $ For U? What could account for this variance? i. How much of the master budget variance for Advertising Exp. was caused by some factor other than volume? \$\$ For U? What could account for this variance? indis on fixcte 1) If yue get a geres of hathnarks (asasas) it gut me ku pour coluen wilth a not wide enicuth te accemodate the famter. insreale colamn wifte ander fetrte entradoimal places
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