of 4 Required information [The following information applies to the questions displayed below] Williams Company is a merchandiser and its accounting department has finished preparing a flexible budget to better understand the differences between its actual results and the master budget. The chief financial officer (CFO) would like your assistance in interpreting some data visualizations that she will use to explain why the company's actual results differed from its master budget. Required: Review the Tableau dashboards that the CFO has given you and answer the questions that follow Gross Margin Analysis Month Jan Feb March April May June July Aug Sept Octo Move O 46,0% 45.09 44.0% 43.0% 42.0% Actual Actual Actual Actual Actual Measureme Budgeted G LOD GAPS at Actual Price Gross Margin Analysis MON AP P References The Green line represents the Actual GM% +ableau (For each question you may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2a. Which of the following statements are true with respect to the Gross Margin Analysis visualization? The ned bars show each month's expected grins maign percentage at that month's actual averaging pe The blue bars depict each mom's budgeted gross margin percentage The horizontal green snes depict each mort's actual gross marge percentage 2b. Which of the following statements are true with respect to the Gross Margin Analysis visualization? The budgeted grass margin percentage February is less than that month's expected gross margen percentage at the actual saling pr The budgeted gross margin percentage in February is greater then that month's expected gross margin percentage at the actual sing price The budgeted gross margin percentage at Agut is less than that month's expected gross marge percentage of the cust selling price The budgeted gross margin percentage in August as greater than that month's expected gross margin percentage at the actual seng price Next > THE TRAMARE LYSEE Marge percentage in August is greater than that month's expected gross margin percentage the actual ingre Book 2c. Which of the following statements are true with respect to the Gross Margin Analysis visualization? The actual gross margin percentage in March is less than that month's expected gross margin percentage of the actual seling The actual gross margin percentage in March a greater than that month's expected gross margin percentage at the age The actual gross margin percentage in December is greater than that mom's expected gross margen percentage at the actual seting price The actual gross margin percentage in December is less than that mosdy's expected gross margin percentage at the actual selling price 2d. Which of the following insights are revealed by the Gross Margin Analysis visualization? L The company's cost of goods sold as a percent of sales must be less than expected in month's where the company's actual selling price equals the budgeted price The company's cost of goods sold as a percent of sales must be greater than expected in months where the company's actual selling price equals the budgeted pnce 7 The company's cost of goods sold as a percent of sales must be greater than expected m months when the company's actual selling price s less than the budgeted price 7 The company's cost of goods sold as a percent of sales must be less than expected in month's where the company's actual salting pres less than the budgeted price Pray Next>