Which of the following statements is true? Multiple Choice 0 The activity variance for revenue will be unfavorable if the actual level of activity is greater than the planned level of activity. 0 The activity variance for revenue Iwill be unfavorable if the actual level of activity is less than the planned level of activity. 0 The activity variance for revenue will usually equal zero. 0 The activity variance for revenue can be favorable or unfavorable depending on whether the actual revenue earned is greater than or less than the planned revenue. Assume that the planning budget for one of a company's fixed expenses is $10,000. The company's planned level of activity was 2,000 units and its actual level of activity was 2,200 units. The actual amount of this expense was $10,500. The activity variance for this expense is: Multiple Choice O $1,000 U. O $500 U. O $0. O $1,000 F.Assume that the cost formula for one of a company's variable expenses is $5.00 per unit. The company's actual level of activity was 2,200 units. The spending variance was $800 unfavorable and the activity variance was $1,000 unfavorable. What is the planned level of activity? Multiple Choice O 2,100 units O 2,400 units O 2,000 units O 2,300 units