Fallin Pharmaceuticals expects to incur a rate of $20 per hour for its workers on the assembly line. This rate is an example of a: Varianc e Directiv e Standa rd Budget The "Budget" column of a flexible budget report reflects: budgeted costs at the budgeted level of activity. actual costs at the budgeted level of activity. actual costs at the actual level of activity. budgeted costs at the actual level of activity