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Homework 38 Help Save & Exit Submit 11 Assume that a company provided the following cost formulas for three of its expenses where refers to

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Homework 38 Help Save & Exit Submit 11 Assume that a company provided the following cost formulas for three of its expenses where refers to the number of hours worked Rent (fixed) $ 3,000 Supplies (variable) $ 4.000 Utilities (mixed) $150 + $0.750 The company's planned level of activity w 2000 hours and its actual level of activity was 1000 hours of these are the company's only three expenses and the company uses revenue formula of $835 for budgeting purposes, what net operating income would appear in the company's exible budget? 07 Mr Choice 1730 310 o 13.600 O 33.540

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