Please answer all 4 as they are parts under 1 question number. Thank you!!

Administrative expenses for February are expected to be executive salaries of $50,000, staff salaries of $30,000, depreciation of $10,000 and insurance of $6,000. Salaries for the month are paid on the last day of that month. Insurance for the year is paid annually on January 2. Cash disbursements for administrative expenses for February will be budgeted at:

a. $ 96,000

b. $ 90,000

c. $ 86,000

d. $ 80,000

Off-Line Company, expecting to produce and sell 10,000 units of Product X, budgeted $500,000 for the cost of direct materials for Product X. The company actually produced and sold 11,000 units of Product X during the period. The cost of the materials required to produce the 11,000 was actually $580,000, representing an $80,000 unfavorable total variance. Which of the following reasons for the variance is least-likely to be investigated by management in order to improve company performance?

1. The portion of the variance caused by raw materials unit purchase price being higher than the purchase price budgeted.
2. The portion of the variance caused by the quantity of raw materials used to produce the 11,000 units of Product X being greater than the standard quantity of units required for 11,000 units.
3. The portion of the variance resulting from the actual quantity of units of Product X produced and sold being greater than the quantity budgeted for production and sale.
4. None of the above because none of the listed variances are controllable by management.

A budget that is prepared for several different possible activity levels is called a:

a. Master budget

b. Fixed budget

c. Flexible budget

d. Standard budget

A flexible budget performance report

a. Is a comparison of a budget prepared for the estimated level of activity to actual results.

b. Eliminates the variances due to the difference between the predicted and the actual level of activity.

c. Evaluates price variances, but not quantity variances.

d. Evaluates quantity variances but not price variances.