Question 48 2.1 points Say Barlow Company had the following results for November 2011 ACTUAL 465,000 280,000 Sales Revenues Variable Expenses Fixed expenses Operating Income FLEXIBLE BUDGET 450,000 270,000 170.000 MASTER BUDGET 500.000 300,000 170.000 165.000 20,000 1 10,000 30,000 Barlow investigates flexible budget variances for revenues or expenses if they are greater than 10% of the flexible Judget. Which flexible budget variance should be investigated? Sales revenues Variable expenses Fixed expenses None of these