Jerry Jay is the CEO of Jerry's Jackets (JJ). In June, Jerry expects to produce and sell 3100 jackets, and he expects his June utilities cost to be $8,000 plus $0.50 per jacket. After the month ended, it was reported that 2910 jackets were sold in June and $10,190 was spent on utilities. What is the activity variance for utilities in June? Round to the nearest whole number. If the variance is Favorable, enter a positive value. If unfavorable, enter a negative value. Question 10 2 pts Jerry Jay is the CEO of Jerry's Jackets (JJ). In June, Jerry expects to produce and sell 3200 jackets, and he expects his June utilities cost to be $8,000 plus $0.70 per jacket. After the month ended, it was reported that 2980 jackets were sold in June and $10,190 was spent on utilities. What is the spending variance for utilities in June? Round to the nearest whole number. If the variance is Favorable, enter a positive value. If unfavorable, enter a negative value. Question 11 Which of the following is true? 1 pts None of the other available answers are true Assume all costs are fixed when creating a flexible budget Unfavorable activity variances for costs will typically accompany a favorable activity variance for revenue. Assume all costs are variable when creating a flexible budget Variances are classified according to the impact on revenue There can only be one cost driver 000