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Krause Industries has rathered the following information about the actual sales revenues and expenses for its Food Services serment for the most recent year. Performance

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Krause Industries has rathered the following information about the actual sales revenues and expenses for its Food Services serment for the most recent year. Performance Report Krause Industries - Food Services Segment For Fiscal Year Ending December 31 Aun Budgcted Less: Variable Experses: Variable Cost of Goods Sold 201,520 190,000 Variable Operating Expenses 229,632 240,000 Total Variable Experies 131,152 130,000 Less Direct Fixed Experses: Fixed Manufacturing Overhead 102,600 100,000 Fixed Operating Expenses 27,000 25,000 Total Direct Fixed Expenses 129,600 125,000 Less Common Fixed Expenses 17,775 16,000 Total Costs $578,527 $571.000 Krause has adopted the policy of having its segment managers investigate fully any unfavorable variances under the control of segment managers which are in excess of 5% of the line item budgct. Under that policy, which incitems on the Performance Report will be investigated? D Question 1 1 pts Variable Cost of Goods Sold Truc False Question 2 Variable Operating Expenses. True Question 3 Fixed Manufacturing Overhead. O True False Question 4 Fixed Operating Expenses. True O False Question 5 Common Fixed expenses. True O False

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