Saved 10 The following information is given for one of a company's variable expenses The activity variance is $810 favorable. The actual amount of the expense is $8,300. The planned level of activity in the master budget is 1,000 hours. The actual level of activity is 900 hours. . . ints 8 The budget rate per hour for this expense must be: 01:26:23 Multiple Choice $740 per hour $8.40 per hour 58.10 per hour