Riverbend Clinic measures its activity in terms of patient-visits. In January, the budgeted level of activity was 1.580 patient-visits and the actual level of activity was 1,700 patient-visits. The cost formula for administrative expenses is $2.50 per patient-visit plus $18.400 fixed cost per month. The actual administrative expense for January was $22,875. What was the spending variance for administrative expenses for January? Multiple Choice $525 U $375 U $300 U $225 U