Underestimating their unit costs during budget time Question 20 (1 point) For the month of June, a company reports a "production-volume variance" of "$50,000 unfavourable" re. it's fixed costs. This variance indicates the company underspent it's budgeted fixed costs by $50,000 the company overspent it's budgeted fixed costs by $50,000 the company wasted an "opportunity" with an order of magnitude equal to $50,000, by not producing the number of units that its fixed costs/assets gave them the capability to produce the company wasted an "opportunity" with an order of magnitude equal to $50,000, by not producing the number of units that its fixed costs/assets gave them the capability to produce, and BOTH the quantity used and and price per unit of fixed costs were higher than budgeted 27 Question 21 (1 point) A sign that an ABC costing system may pay dividends is