A "flexible budget" variance analysis "isolates" variances by taking into account Oproduction/sales volume differences versus budget fixed cost differences versus budget price differences versus budget differences in material consumption versus budget Question 10 (1 point) Most individual departments in organizations are run as Investment centers Profit centers Cost centers Question 10 (1 point) Most individual departments in organizations are run as Investment centers Profit centers Cost centers Revenue centers Question 11 (1 point) True or False: "Value added" cost ITEMS can typically be eliminated without affecting customers' perception of quality, since these ITEMS will typically not be of major concern to customers. True False