AH? CODE ... Document1 Q Home Insert Draw Design Layout References Mailings Review View Tell me Share Comments Arial 8 A A Aav a v aBbCcDdEe AaBbCcDdEe Aa BbCcDc AaBbCcDdEE AaBb AaBbCcDdEE AaBbCcDdEe AaBbCcDdEe AaBbCcDdEe Paste I U v ab x, x AvLAV E Normal No Spacing Heading 1 Heading 2 Title Subtitle Subtle Emph Emphasis Intense Emp... Styles Dictate Editor Pane Schriever Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed element per Variable Element per Well month Serviced Revenue $ 4, 500 Employee salaries and wages $ 57, 200 $ 1, 100 Servicing materials $ 600 Other expenses $ 31, 000 The planning budget for May was based on 36 wells serviced, but a total of 31 wells were actually serviced in May. The activity variance for revenue for May would have been closest to: Multiple Choice $22,500 F $20,300 F $22,500 U $20,300 U Page 1 of 1 107 words English (United States) Focus E 147%