Assume that a company provided the folowing cost formulss for viree of iti expenses (where qrefers to the number of hours worked? The companys plannett level of activity was 2,000 hours and its actual levet of activity was 1,900 hours if these are the company anly oree expenses and the compony uses reverue formula of s: oog for budgeting purposes, whet net operating income would appear in the componys flexible budgot? Muliple chose $3125 53275 31.025 37.975