Question 16 (5 points) Increasing the sales price will increase the contribution margin per unit. True False Question 17 (5 points) Increasing the variable costs per unit will decrease the breakeven number of units. True False Question 18 (5 points) What is the term that describes when managers intentionally understate expected revenues or overstate expected expenses. Budgetary slack Participative budget Benchmarking Variable budget Question 19 (5 points) A master budget is a set of budgeted financial statements and supporting schedules for an entire organization. It includes all the following budgets except. The strategic budget The capital budget The operating budget The financial budget Question 20 (5 points) A flexible budget is a budget prepared for only one level of sales volume. True False Question 21 (5 points) Which budget is the basis for product costs budgets? The manufacturing overhead budget The production budget The direct materials budget The sales budget