Requlred Information Tasman Products, Limited, of Australia has a Maintenance Department that services the equipment in the company's Forming Department and Assembly Department. The cost of this servicing is charged to the operating departments on the basis of machine-hours. Cost and other data relating to the Maintenance Department and to the other two departments for the most recent year are presented below. Data for the Maintenance Department follow: *Budgeted at $0.40 per machine-hour. Data for the Forming and Assembly Departments follow: The level of fixed costs in the Maintenance Department is determined by peak-period requirements. Required: Using the above data, the company prepared a data visualization to describe the allocation of the Maintenance Department's variable lubricant costs to the Forming and Assembly Departments. Your task is to review the Tableau visualization the company prepared and answer the following questions: Lubricants: Actual vs. Budget Area Actual a. Which of the following statements is true with respect to the Maintenance Department? It's actual lubricant cost was less than the budget by $16,000. It's actual Iubricant cost was greater than the budget by $16,000. It's actual lubricant cost was less than the budget by $14,000. It's actual lubricant cost was greater than the budget by $14,000. b. Which of the following statements is true with respect to the Maintenance Department? The lubricant cost charged to the operating departments was $8,000 below the budgeted amount of lubricant cost. The lubricant cost charged to the operating departments was $8,000 above the budgeted amount of lubricant cost. The lubricant cost charged to the operating departments was $6,000 below the budgeted amount of lubricant cost. The lubricant cost charged to the operating departments was $6,000 above the budgeted amount of lubricant cost. c. Which of the following statements is true? The Maintenance Department's spending vaiance with respect to variable costs for lubricants was \$14,000. The Maintenance Department's spending vaiance with respect to variable costs for lubricants was $8,000. The Maintenance Department's spending vaiance with respect to variable costs for lubricants was $6,000. The Maintenance Department's spending vaiance with respect to variable costs for lubricants was $16,000. Requlred Information Tasman Products, Limited, of Australia has a Maintenance Department that services the equipment in the company's Forming Department and Assembly Department. The cost of this servicing is charged to the operating departments on the basis of machine-hours. Cost and other data relating to the Maintenance Department and to the other two departments for the most recent year are presented below. Data for the Maintenance Department follow: *Budgeted at $0.40 per machine-hour. Data for the Forming and Assembly Departments follow: The level of fixed costs in the Maintenance Department is determined by peak-period requirements. Required: Using the above data, the company prepared a data visualization to describe the allocation of the Maintenance Department's variable lubricant costs to the Forming and Assembly Departments. Your task is to review the Tableau visualization the company prepared and answer the following questions: Lubricants: Actual vs. Budget Area Actual a. Which of the following statements is true with respect to the Maintenance Department? It's actual lubricant cost was less than the budget by $16,000. It's actual Iubricant cost was greater than the budget by $16,000. It's actual lubricant cost was less than the budget by $14,000. It's actual lubricant cost was greater than the budget by $14,000. b. Which of the following statements is true with respect to the Maintenance Department? The lubricant cost charged to the operating departments was $8,000 below the budgeted amount of lubricant cost. The lubricant cost charged to the operating departments was $8,000 above the budgeted amount of lubricant cost. The lubricant cost charged to the operating departments was $6,000 below the budgeted amount of lubricant cost. The lubricant cost charged to the operating departments was $6,000 above the budgeted amount of lubricant cost. c. Which of the following statements is true? The Maintenance Department's spending vaiance with respect to variable costs for lubricants was \$14,000. The Maintenance Department's spending vaiance with respect to variable costs for lubricants was $8,000. The Maintenance Department's spending vaiance with respect to variable costs for lubricants was $6,000. The Maintenance Department's spending vaiance with respect to variable costs for lubricants was $16,000