DE24-9 Fill in the blank with the phrase that best completes the sentence. Actual number of outputs Expected number of outputs Sales volume variance Beginning of the period End of the period Flexible budget variance

a. The static budget is developed at the Static budget variance

b. The flexible budget used in a performance report is based on the

c. The master budget is based on the

d. The flexible budget used in a performance report is developed at the

e. The difference between actual costs and the costs that should have been incurred for the actual number of outputs is the