Assume that a company provided the following excerpts of Information from its flexible budget performance report 39 Actual Flexible Planning Results Budget Budget ? 9 260 270 8 Flights (41) Students (92) Expenses: Administrative expense ($125 + $25091 + $3092) ? $ 8,900 ? $? What is the administrative expense activity variance? vnat is the administrative expense activity variance! Multiple Choice O $550 F O $225 F O $1,575 F $1,125 F