stion 12 An unfavorable flexible-budget variance for variable costs may be the result of oselling output at a higher selling price than budgeted using more input quantities than were budgeted paying lower prices for inputs than were budgeted selling less quantity compared to the budgeted stion 13 To create a meaningful performance report, a. ex of the static budget are compared with the expected costs of the flexible budget. b actual costs are compared with the prior year's actual costs. c. actual costs are compared with the expected costs found in the static budget. d actual costs are compared with the expected costs at the same level of activity. e actual costs are calculated as a percentage of sales Variances indicate O a that actual performance is not going according to plan. b. the cause of the variance. c. who is responsible for the variance. O d when the variance should be investigated. e none of these