10 Which of the following statements is true? A f activity is higher than expected total expected, total fixed costs should be lower than expectes desta shehehe sts should be higher than expected. I activity is lower than than expected ked costs should not be included in a rsible budest because they do not change changes, lexible budget because they do not change when the level of activity A revenue variance is favorable if th i c hen ther e in the master statie planning e variance is favorable if the stunl budget D. A spending varia Pending variance is the difference between the amount of the cost in the master statie planning) budget and the amount of the cost in the flexible budget ad s tual costs should be compared to what the costs should To help assess how well a manager has have been for the actual level of activity Il Grant Grant Corporation's flexible budet gost formula for wlitics a variable cost, is $0.60 per unit of output. The company's performance report for last month shows a 5800 unfavorable spending variance for utilities 2 2 costs 18,000 units of output were produced last month, then the actual variable incurred for utilities for the month must have been A $ 4,000 B S 4,800 $ 3,360 D $ 5,600 E. None of the above