Assume that a company provided the following cost formulas for three of its expenses (where grefers to the number of hours worked): Rent (fixed) $ 3,000 Supplies (variable) $ 4.000 Utilities (mixed) $ 150 + $ 0.759 The company's planned level of activity was 2,340 hours and its actual level of activity was 1850 hours. How much supplies expense would be in In the planning budget? Multiple Choice $7,960 $8,260 D $8,460