Hello! Both need answering.

3 QUESTION 16 The Provence Company has the following flexible budget variances; unfavorable direct material price variance and favorable direct material quantity variance. A logical explanation for this is They purchased cheaper material than budgeted. b. They made fewer products than they budgeted for They purchased higher quality material than budgeted d. All of these choices are logical explanations. C QUESTION 17 Budgets based on the actual level of output, rather than the output originally budgeted, are called: a. Static budgets b. Operating budgets OC. Flexible budgets Od Activity budgets OTECTION 10