LPM Ltd. uses units produced as its measure of activity. During August, the company budgeted for 48,900 units of output, but actually produced 46,700 units of output. The company uses the following revenue and cost formulas in its budgeting, where is the number of units of output: Revenue: $11.604 Salaries: $31,050 + $2.45q Supplies: $1.259 Utilities: $0.60 Insurance: $23,090 Miscellaneous expenses: $13,800 + $0.219 The company reported the following actual results for August: Revenue Salaries $611,250 $148,360 $ 55,795 Supplies Utilities $ 31,920 Insurance $ 22,100 Miscellaneous expense $ 20,845 The spending variance in August for 'Supplies' is: LPM Ltd. uses units produced as its measure of activity. During August, the company budgeted for 48,900 units of output, but actually produced 46,700 units of output. The company uses the following revenue and cost formulas in its budgeting, where is the number of units of output: Revenue: $11.604 Salaries: $31,050 + $2.45q Supplies: $1.259 Utilities: $0.60 Insurance: $23,090 Miscellaneous expenses: $13,800 + $0.219 The company reported the following actual results for August: Revenue Salaries $611,250 $148,360 $ 55,795 Supplies Utilities $ 31,920 Insurance $ 22,100 Miscellaneous expense $ 20,845 The spending variance in August for 'Supplies' is: a. $2,580 F b. $5,330 u OC. $2,750 U d. $5,330F e. $2,750 F