Please give reason why. Come get that upvote :)

1. The activity variance for revenue is favorable if the actual revenue for the period exceeds the revenue in the static planning budget true or false?

2. Although the do not change when the level of activity changes, fixed costs should still be included in a flexible budget true or false?

3. In a flexible budget when activity declines total variable costs increase true or false?

4. When activity is different than expected, total fixed costs should remain the same true or false?

5. The master budget contains several separate but interdependent budgets true or false?

6. The starting point in preparing a master budget is the cash budget true or false?

7. The budgeted balance sheet is typically prepared before the budgeted income statement true or false?

8. Under variable costing, fixed manufacturing overhead is not treated as a product cost true or false?

9. Under absorption costing fixed manufacturing overhead is treated as a product cost true or false?

10. Variable manufacturing overhead costs are treated as product costs under absorption costing true or false?

11. Variable manufacturing overhead costs are treated as product costs under variable costing true or false?

12. If the variable expense per unit increases, but all other factors remain the same, the contribution margin ratio will increase true or false?

13. If two companies make the same product and have the same total sales and same total expenses, the contribution margin ratio will be higher in the company with a higher proportion of fixed costs in its cost structure true or false?

14. A shift in sales mix from low-margin items to high-margin items will increase total profits when total sales increase true or false?