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Assume that the cost formula for one of a companys variable expenses is $5.00 per unit. The companys planned level of activity was 2,000 units

Assume that the cost formula for one of a companys variable expenses is $5.00 per unit. The companys planned level of activity was 2,000 units and its actual level of activity was 2,200 units. The actual amount of this expense was $10,000. The spending variance for this expense is: Multiple Choice

$1,000 F.

$1,600 F.

$2,600 F.

$2,600 U.

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