Beta Gamma Sigma, the business honor society, recently held a dinner dance. The original (static) budget and actual results were as follows: Subdivide each variance into a sales-activity variance portion and a flexible-budget variance portion. Use the format of Exhibit 7-6, page 258. Provide possible explanations for the variances. U = Unfavorable. F = Favorable. * Figures are from Exhibit 7-1. Figures are shown in more detail in Exhibit 7-7. Figures are from the 7,000-unit column in Exhibit 7-3