Which of the following statements is true? Multiple Choice O The revenue variance will usually equal zero. O The revenue variance will be favorable if the revenue in the flexible budget exceeds the actual revenue. O The revenue variance can be favorable or unfavorable depending on the planned level of activity. O The revenue variance will be favorable if the revenue in the flexible budget is less than the actual revenue.Which of the following statements is true? Multiple Choice O The spending variance for a fixed expense will equal zero when the planned level of activity equals the actual level of activity. O The spending variance for a fixed expense will be unfavorable if the amount of the expense contained in the flexible budget is less than the actual amount of the expense. O The spending variance for a fixed expense can be favorable or unfavorable depending on whether the actual expense is greater than or less than the planned expense. O The spending variance for a fixed expense will be unfavorable if the amount of the expense contained in the flexible budget is greater than the actual amount of the expense.Assume that a company's planned level of activity was 3,500 units and its actual level of activity was 4,000 units. The spending variance for one of its mixed expenses was $900 favorable and its activity variance was $200 unfavorable. The planned and actual amounts of the fixed portion of this mixed expense were $10,000 and $9,300, respectively. What is the planned amount of this mixed expense? Multiple Choice 0 $11,600 $11,200 $11,800 $11,400 000