In June, demand for X Company s product was surprisingly weak, and actual sales and production were less than budgeted sales and production. As a result,

Question 1 options:

	for fixed costs, flexible budget variances were less favorable than static budget variances.
	for fixed costs, flexible budget variances were more favorable than static budget variances.
	for variable costs, flexible budget variances were less favorable than static budget variances.
	for variable costs, flexible budget variances were more favorable than static budget variances.