LIUI IU [CLO-4) Tabeling Corporation manufactures and sells a single product. The company uses units as then company budgeted for 6,500 units, but its actual level of activity was 6,540 units. The company has prov results for August: Data used in budgeting: Fixed element per month Variable element per unit $34.50 $0 0 $4.40 12.70 Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses Total expenses 48,100 1.40 29,400 0.80 $77,500 $19.30 Actual results for August: Revenue $217,260 Direct labor $29,966 Direct materials $85,118 Manufacturing overhead $58,146 Selling and administrative expenses $33,092 The activity variance for net operating income in August would be closest to: Question 16 2 points Save Ans mpany uses units as the measure of activity in its budgets and performance reports. During August, the its. The company has provided the following data concerning the formulas used in its budgeting and its actual e element per unit $34.50 $4,40 12.70 1.40 0.80 $19.30 Selling and administrative expenses $35,092 The activity variance for net operating income in August would be closest to: $412 U O $412 F $9,823 F $608 U $608 F $9,823 U $10,362 F $10,362 U A Click Submit to complete this