managers should investigate only unfavorable variances. favorable variances result in greater profits to the company. management needs to evaluate large favorable as well as unfavorable variances to determine the root cause of the variance. part 5 requirement 5. is it possible that the variances are due to a​ higher-than-expected sales​ volume? explain. the flexible budget variances are due to sales volume differences between budget and actual. differences in sales volume are captured by the ▼ the flexible budget variance is due to ▼ something other than volume. volume variances. part 6 requirement 6. do you think management will place equal weight on each of the ​variances? explain. management will ▼ not place as much weight on the variable expenses variance because it does not exceed 16%. place equal weight on both variances. place more weight on the variable expenses variance. ​additionally, they may not place much weight on ▼ cost of sales variance the common fixed expenses the revenue variance the volume variance because ▼ this is a direct cost of the subunit this is not a direct cost of the subunit. the overall variance is insignifigant part 7 requirement 7. which balanced scorecard perspective is being addressed through this performance​ report? in your​ opinion, is this performance report a lead or lag​ indicator? explain. the performance report addresses the ▼ customer financial internal business learning and growth perspective of the balanced scorecard. ▼ customer financial internal business learning and growth performance measures tend to be ▼ lag lead indicators. they typically ▼ forcast future performance. measure the results of past decisions.