Question: can you explain the reason why is C) ? 5. Assume that a company provided the following cost formulas for three of its expenses (where

can you explain the reason why is C) ?

5. Assume that a company provided the following cost formulas for three of its expenses (where q refers to the number of hours worked): $3,000 Rent (fixed) Supplies (variable)$ 4.00q Utilities (mixed) $150+$0.75q The company's planned level of activity was 2,000 hours and its actual level of activity was 1,900 hours. The actual amount of utilities expense for the period was $1,700. What is the activity variance for utilities expense? A) $50 U B) $125 U C) $75 F D) $75 U

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