Isalah Jeffrey Ziegler . (Student - section: 730) ACC230, Spring 2022 - Survey of Accounting Concepts New Messages Courses Help Logout Main Menu Contents Grades Chat Course Contents > PROBLEM #7 [VARIANCE ANALYSIS] " Timer Notes Evaluate Feedback Print 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 Variable Fixed Cost Driver Statement inquiry $82,688 $152,000 3,400 labor hours Correspondence $9,234 $24,000 2,700 letters Account billing $156,000 $73,000 2,600,000 lines Payment verification $10,710 $79,000 21,000 accounts In September, actual total costs and activity were as follows: Activity Center Total Costs Driver Amount Statement inquiry $231,758 3,320 labor hours Correspondence $32,192 2,580 letters Account billing $235,980 2,730,000 lines Payment verification $88,952 21,000 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): Payment verification -758 Statement inquiry -1934