PLEASE HELP! 1-4

1.

#1 answer choices:

A. $7,700

B. $7,900

C. $8,000

2.

#2 answer choices:

A. $500 U

B. $0

C. $1,000 U

3.

#3 answer choices:

A. $50 F

B. $550 F

C. $1,550 F

4. Which of the following statements is true?

# 4 answer choices:

A. The revenue variance will equal zero if the actual revenue earned equals the revenue expected for the actual level of activity.

B.The revenue variance will be favorable if the revenue in the flexible budget exceeds the revenue in the planning budget.

C.The revenue variance can be favorable or unfavorable depending on the formula used to create the flexible budget.

Assume that the planoing budget for one of a companys fixed expenses is $10,000. The company's pianned level of activity was 2,000 units and its actuat levet of activity was 2,200 units The nctual amount of this expense was $10,500. The activity variance for this expense is: Assume that a company provided the following cost formulas for three of its expenses (where q refers to the number of hours warked): The companys planied level of activity was 2.000 hours and its actual level of activity was 1,850 hours. How much supplies expense would be included in the planning budget? Assume that a company provided the following excerpts of information from its flexible budget performance report: What is the amount of the revenue variance