The Sales Price variance can be deduced if the following variances are known: Sales Volume variance and Sales Mix variance. Sales Mix variance, Total variance and Sales Quantity variance. Total variance, Sales Mix variance and Market Share variance. Sales Mix variance and Sales Quantity variance, If a company has 10% higher sales than budgeted in the master budget, this will cause the fixed expenses to show generally unfavourable variances on the flexible budget performance report. True O False Which of the following is the most probable reason a company would experience an unfavourable labour rate variance and a favourable labour efficency variance? O Defective materials caused more labour to be used in order to produce a standard unit. The mix of workers assigned to production was heavily weighted towards the use of new, relatively low-paid, unskilled workers. The mix of workers assigned to production was heavily weighted towards the use of higher paid, experienced individuals. Because of the production schedule, workers from other production areas were assigned to assist this particular process. Question 21 1 pts The variable overhead spending variance is the difference between the actual variable overhead actually incurred and the master budget fixed overhead. True O False Question 22 1 pts The material purchases budget begins with budgeted sales units. True False