Question 4 A labor rate variance is due solely to the difference A Between budgeted sales volume and actual sales volume B Between budgeted materials price and actual materials price Between budgeted direct labor hours and actual direct labor hours Between budgeted labor price and actual labor price Question 5 Which of the following is not a benefit of budgeting? It compels managers to develop objectives and to plan allocating resources to achieve the objective. It provides performance evaluation and feedback. It reduces the need for analysis with regard to company expenses. It allows for coordination between different departments within a firm