concession stands at a college football stadium. It uses sodas sold as its measure of activity UpLR ne.operats Monthly planning budget amounts and actual results for the month of October are given in the table below. Actual Revenue Elexible Activity Planning Results Total budget Variances (Static) Variance Budget 32,000 $112,000 Spending Variances Sodas sold 30,000 Revenue $105,500 $3.50g) Expenses COGS ($1.00) $31,000 $32,000 $12,200 Wages and $11.800 salaries ($9,000 +$.10q) $4,400 $4,800 Supplies ($.15q) $5,550 $5,600 Insurance $4,000+ $.05q) Rent ($4,000) $3.800 $4000 1of 10 Next