Assume that a company provided the following cost formulas for three of its expenses (where q refers to the number of hours worked): Rent (fixed) $ 3,000 Supplies (variable) $ 4.00q Utilities (mixed) $150 + $0.75q The companys planned level of activity was 2,000 hours and its actual level of activity was 1,900 hours. How much rent expense would be included in the flexible budget?

Multiple Choice

$3,000

$2,875

$3,150

$2,850