QUESTION 19 Who of the following individuals is most likely responsible for an unfavorable materials price variance? O a. The supervisor of the accounting department b. The personnel director OC. The purchasing manager Od. The production supervisor QUESTION 20 Budgets based on the actual level of output, rather than the output originally budgeted, are called: O a. Flexible budgets O b. Operating budgets O C. Static budgets d. Activity budgets