For the month of July, Monroe Company, a maker of erobot, prepared the table below that shows their master budget (planning or static budget) and their nexible budget Actual Master Results Budget 10.350 s90 Seo $124,000 12,000 $87 $72 $125,400 Sales (in units) Selling Price per unit Variable Cost per unit Total Fixed Costs 12 What is the activity variance in net operating income? A. . C. $34,650 favorable $38,750 favorable $73,400 favorable $54,600 favorable D. E. None of the above. 13 What is the total spending variances? $149,850 favorable $36,000 unfavorable $37,400 unfavorab;e $1,400 favorable . . . D. None of the above. E