Course Contents PROBLEM #7 [VARIANCE ANALYSIS] Timer Notes Evaluate Feedback P The following is total monthly budgeted cost and activity information for the four activity centers in the billing department of Oregon Power Company: Activity Center Statement inquiry Correspondence Account billing Payment verification Cost Driver 3,200 labor hours Variable $79,552 Fixed $160,000 $9,548 $23,000 $150,000 $11,000 $74,000 $76,000 20,000 accounts 2,800 letters 2,500,000 lines In September, actual total costs and activity were as follows: Activity Center Statement inquiry Correspondence Account billing Payment verification Total Costs $243,153 $33,355 $231,941 $87,860 Driver Amount 3,330 labor hours 2,810 letters 2,640,000 lines 19,850 accounts Required Compute the flexible-budget variances for the following two activity cost items (round variable costs per unit to two decimal places and enter favorable variances as positive numbers and unfavorable variances as negative numbers): Statement inquiry Payment verification Submit Answer Tries 0/8