being higher than expected? The amount of the master budget variance for operating income due to volume being higher than expected is The amount of the master budget variance for variable expenses due to some cause ather than volume is Requirement 6c. Using the flexible budget perionnance report you prepared for Requirement 5 , answer the following question: What could account for the flexible budget varianice for sales revenue? (19) could account for the flexible budget variance for sales revenue. The volume variance for fixed expenses is because the flexible budget uses the amount for fixed expenses because flxed expenses are 7. The Lasting Balloon Company produces party balloons that are sold in multi-pack cases. Following is the company's performance report in contribution margin format for July: 1 (Click the icon to view the performance report in contribution margin format.) Read the requirements 2. Requirement 1. What is the budgeted sales price per unit? The budgeted sales price per unit is Requirement 2. What is the budgeted variable expense per unit? The budgeted variable expense per unit is Requirement 3. What is the budgeted fixed cost for the period? The budgeted fixed cost for the period is 58,000 units. Use the original budget assumptions for sales price, variable cost per unit, and fixed costs, assuming the relevant range stretches from 53,000 to 75,000 units. whole dollar. Label each variance as favorable (F) or unfavorable (U). If the variance is 0 , make sure to enter in a "0". A variance of zero is considered favorable.)