Assume that the amount of one of a company's variable expenses in its flexible budget is $40,000. The actual amount of the expense is $42,000 and the amount in the company's planning budget is $41,400. The activity variance for this expense is: Multiple Choice $1,400F $700F. $1,400 $700U Assume that the amount of one of a company's variable expenses in its flexible budget is $40,000. The actual amount of the expense is $42,000 and the amount in the company's planning budget is $41,400. The activity variance for this expense is: Multiple Choice $1,400F $700F. $1,400 $700U