For the month of July, Monroe Company, a maker of erhorepared the table below that shows their master budget (planning or state budget) and their flexible budget. Actual Master Budget 10,350 12.000 590 Sales (in units) Selling Price per unit Variable Cost per unit Total Fixed Costs $72 $125 400 S124,000 12 What is the activity variance in net operating income? $14,650 favorable $38,750 favorable $73.400 favorable $54,600 favorable E. None of the above. B. 13 What is the total spending variances? A. $149,850 favorable $36,000 unfavorable C. $37,400 unfavorab;e D. $1,400 favorable E. None of the above