10 11 A State Budget report shows the company produced less units than planned and a favourable variable cost vartance, Should the manager be rewarded for controlling the variable costs? Explain. [3 marks 12 A Fledble Budget report shows an unfavourable direct materials cost variance. What are two reasons this could occur? (2 marks) Name one managerial accounting concept that you learned about this semester that you think you could apply to your current job and/or your future career. Why/how could you use the concept? (2 marks)