10 The following information is given for one of a company's variable expenses: The activity variance is $870 favorable. The actual amount of the expense is $8,300. The planned level of activity in the master budget is 1,000 hours. The actual level of activity is 900 hours. The budget rate per hour for this expense must be: 4 points 01:25:56 Multiple Choice $9.00 per hour $9.70 per hour