9. VAT Corporation's budgeted product costs for the first quarter of 2008 were based o expected volume of 1,500 units. The budgeted unit costs appear below: Direct material $ 1.50 Direct labor 2.25 Variable overhead 4.25 Fixed overhead 3.00 Total $11.00 If VAT's actual volume was 15% below its expected volume, we would expect: a. Both actual total costs and actual cost per unit to be less than the original budgeted amounts b. Actual total costs to be greater than, and actual cost per unit to be less than original budgeted amounts c. Actual total costs to be less than, and actual cost per unit to be greater than original budgeted amounts d. Actual total CM to be greater than and actual CM per unit to be the same a original budgeted amounts. 10. Budget is a detailed plan for the future. Which of the following represents the two functions of a budget? a. Planning and Control b. Planning and Prevention c. Prevention and Control d. Control and Insurance