Required information The following information applies to the questions displayed below] Witliams Company is a merchandiser and its accounting department has finished preparing a flexible budget to better understand the differences between its actual results and the master budget. The chief financial officer (CFO) would like your assistance in interpreting some data visualizations that she will use to explain why the company's actual results differed from its master budget: Required: Review the Tableau dashboards that the CFO has given you and answer the questions that follow. (For each question you may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 1a. Which of the following statements are true with respect to the Sales Analysis visualization? The green line depicts each month's actual unit sales. The red ine depicts each month's actusi average setting price per unit. The blue fine deplets the budgeted seling price per unit. 1b. Which of the following statements are true with respect to the Sales Analysis visualization? The actual average selling price per unit in April is less than that month's budgeted selling price per unit. The actual overage setting price per unit in April is greater then that month's budgetod seling srice per unit: The actual average selling price per unit in July is equal to that month's budgeted selling price per unit: The octuat average selting price per unit never awceeds the budgeted selling price per unit. 2 The actual average seiling price per unit in July is equal to that month's budgeted selling price per unit: The actual overage selling price per unit never exceeds the budgeted selling price per unit. 1c. Which of the following statements are true with respect to the Sales Analysis visualization? The octual unit sales in November are greoter thon that month's budgeted unit sales. The actuol unit soles in July ore less than that month's budgeted unit sales. The octual unit sales in July are greater than that month's budgeted unit soles: The actuol unit sales in November are less than thot month's budgeted unit soles. 1d. Which of the following insights are revealed by the Sales Analysis visualization? Ordinarily, if a company reduces its actuat average selling price below the budgeted selling price, it would expect actual units sales to rise above budgeted unit sales, but this did not happen for Wiliams Company. Ordinarily. If a company reduces its octual average selling price below the budgeted selling price, it would expect actual units sales to drop below budgeted unit sales, but this did not hoppen for Wiliams Company. Ordinarily, if a company ralses its actual average selling price above the budgeted seling price, it would expect actual units sales to ilse above budgeted unit sales, and this is exactly what happened at Williams Company. Ordinarily, if a company raises its actual average selling price above the budgeted seling price, it would expect actual units sales to drop below budgeted unit sales, and this is exactly what hoppened at Williams Company. (For each question you may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect) 3a. Which of the following statements are true with respect to the Seling and Administrative Expense Analysis visualization? The turqueise horizontal lines show each month's actual fotal seling and administrative expense. The purple bars show each months total selling and administrative expense according to the master budget: The red bars show each month's total selling and administrative expense according to the flexiblo budget: 3b. Which of the following statements are true with respect to the Selling and Administrative Expense Analysis visualization? For the month of June, the total selling and administrative expense according to the fexible budpet is less than the total seling and administrative expense occording to the master budget. 7. For the month of October, the total seling and administrative expense according to the flexible budget is iess than the totai sening ard administrative expense according to the master budget. For the month of December, the total selling and administrative expense according to the flesible budget is iess than the total selling and administrative expense according to the master budget 17 For the manth of August, the total selling and administrative expense according to the flexible budget is less than the total seling and administrative expense according to the master budget. 3c. Which of the following statements are true with respect to the Selling and Administrative Expense Analysis visualization? 3c. Which of the following statements are true with respect to the Selling and Administrative Expense Analysis visualization? 2 For the month of June, the total actual selling and odministrative expense is greater than the total selling and odministrative expense according to the fiexible budget. 2. For the month of June, the total actual selling and administrative expense is greater than the total selling and administrative expense according to the master budget 2 For the month of September, the total actual selling and administrative expense is less than the total selling and odministrative expense according to the master budget. 2 For the month of September, the total actual selling and administrative expense is less than the total selling and administrotive expense according to the fiexible budget. 3d. Which of the following insights are revealed by the Selling and Administrative Expense Analysis visualization? In all 12 months, the company's actual total seling and administrative expense was greater than what was expected according to the flexible budget: In all 12 months, the company's octual total seling and administrative expense wos greater than the amount in the master budget. In alf 12 months, the company's actuat total solling and sdministratve expense was less than whot was expected according to the flexible budget: In all 12 months, the company's actual total selling and administrative expense was less than the amount in the master budget. Net Income Required information Net Profit Margin Percentage (NPM \%) Measure Names Iili Actual NPM 8 \% i Floxible Budget NPM 9 (For each question you may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 4a. Which of the following statements are true with respect to the Net Income visualization? The red bars show each month's actual net income. The blue bars show each month's net income according to the master budget. The green bars show each month's net income according to the flexble budget. 4b. Which of the following statements are true with respect to the Net Income visualization? For the month of January, the net income according to the fexible budget is greater than the net income according to the master budget: For the month of August, the sctuat net income is grovter than the netincome sccording to the fiexibie budpet For the month of May, the actual net income is greater than the not income according to the master budget. For the month or May, the acluai net income is iess than the net income according to the fiexible budpet. 4c. Which of the following statements are true with respect to the Net Profit Margin Percentoge visualization? The turquolse trend line shows each month's net prolit margin percentage according to the flexble budget: The huquolse trend line shows esch month's net profit margin percentoge according to the master budget. The orange trend line shows each month's actual net profit margin percentage. 4d. Which of the following statements are true with respect to the Net Profit Margin Percentage visualization? The net profit margin percentage according to the flexible budget steadily increases from August through Decemt The actual net proff margin percentage steadily increases from Feoruary through June. The monthly net profit margin pereentages according to the flexible budget are never less than each month's percentage. The actual net profit margin percentage steadily increases from August through Decembet. 4e. Which of the following insights are revealed by the Net Income and Net Profit Margin Percentage visualizations? The net income and the net profit margin percentage never always expectations according to the flexible budget. The net income and the net profit margin percentage never exceeded expectations according to the flexible budget. The net income exceeded expectations according to the fiextbte budget in some months, but the not profit marpin percentage never exceeded expectations according to the flexible budget. The net income never exceeded expectations according to the flexible budget, but the net profit margin percentage exceeded expectations according to the flexible budget in some months