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?

How much of the master budget variance for Sales revenue was caused by an unanticipated increase in volume?__________________ F or U?

How much of the master budget variance for Commissions Exp. Was caused by an unanticipated increase in volume?__________________ F or U?

How much of the master budget variance for Advertising Expenses was caused by an unanticipated increase in volume?__________________ F or U?

How much of the master budget variance for CGS was caused by some factor other than volume? (Hint: this is NOT a manufacturing business). $__________ F or U? What could account for this variance?

How much of the master budget variance for Sales Revenue was caused by some factor other thanvolume? $__________ F or U? What could account for this variance?

How much of the master budget variance for Advertising Exp. Was caused by some factor other thanvolume? $__________ F or U? What could account for this variance?