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he FALSE Actor perpetual budget a 13- month forward om for the current month for quartered U FALSE 3 The master budget consists of a number of separate but interdependent budgets. TRUE FALSE If activity is higher than expected, total fixed costs should be higher than expected. If actity is lower than expected, total fixed costs should be lower than expected TRUF FALSE 5 In a flexible budget, what will happen to foxed costs as the activity level increases? The fixed cost per unit will decrease. The fixed cost per unit will remain unchanged The foxed cost per unit will increase Fixed costs are not included in a flexible budget The production department should generally be responsible for materials price variances that resulted from: purchases made in uneconomical lot sizes. rush orders arising from poor scheduling purchase of the wrong grade of materials. changes in the market prices of raw materials