5 Sunshine Lake Boat Company provides boat trips around Sunshine Lake, It's monthly operating costs are dependent upon three items- monthly fixed costs, the number of trips provided and the number of passengers taking trips. The following tables provides planning budget and actual levels of activity and costs for the month of July. 00:06:51 # of trips # of passengers July planning budget July actual level level of activity of activity 78 75 250 235 July actual cost Monthly fixed cost Cost per trip Cost per passenger Total July planning budget cost $50,000 $3,100 $15 $295,300 Compute the "spending variance" for total operating costs for the month of July, Multiple Choice O $250 F