Assume that a company provided the following cost formulas for three of its expenses (where refers to the number of hours workeds Rent (fixed) Supplies (variable) Utilities (mixed) $3,eee $4.ee $150 + $0.750 The company's planned level of activity was 2.000 hours and its actuat level of activity was 1900 nous, these are the company's only three experses and the company uses revenue formula of $8.00 for budgeting purposes, what net operating income would appear in the company's Hexible budget? Multiple Choice $275 SHES Scots WEES