Springfield University pays their football players, and their former coach Rural Meyer has a long list of ethical transgressions. Meyer had to step down as coach last year but continues to secretly work for Springfield by paying recruits and current players to cheat their way to the top and share revenues raised from selling replica memorabilia with the players (no, college athletes are not allowed to be paid in any amount or form). Some memorabilia are even given away to recruits to lure them to Springfield. In order to keep this secret ring profitable, Rural Meyer needs to be meticulous in his budgeting and accounting. He creates his quarterly secret budget for shady activities based on the following breakdown and uses two cost drivers, number of memorabilia items and number of players includes both current players and recruits): Fixed Element Variable Element Variable Element per quarter per item per player Revenue. $0 $250 "Player Wages" Expenses..... $0 $0 $2,000 Recruiting" Expenses........ $80 $20 Maintenance" Expenses..... $25,000 $10 $25 [Hint: For example, recruiting expense can be calculated as : $80* number of items + $20 * number of players] SO $0 In 1Q 2020, Rural Meyer budgeted for 2,000 memorabilia items and 150 players. The team's income statement showing the actual results for the quarter appears below: Actual # of memorabilia items......2,250 Actual # of players.....................155 Revenue....... **Player Wages" Expenses.... Recruiting" Expenses........ "Maintenance" Expenses...... Net Operating Income........ $583,200 $337,230 $205,010 $63,660 -$22,700 a. What is the activity_variance for "recruiting" expenses? (3 points) Is it Favorable or Unfavorable (1 point) ? b. What is the activity variance for "player wages expense" (3 points) Is it Favorable or Unfavorable (1 point) ? c. What is the revenue variance? (3 points) Is it Favorable or Unfavorable (1 point)? d. What is the spending variance for "maintenance expense"? (3 Points) Is it Favorable or Unfavorable (1 point)