Main Menu Contents Grades Chat Course Contents PROBLEM #7 [VARIANCE ANALYSIS] #(] The following is total monthly budgeted cost and activity information for the four activity centers in the billing department of Oregon Power Company: 1 Timer Notes Evaluate Feedback Print Activity Center Variable Fixed Cost Driver $81,430 $160,000 Statement inquiry Correspondence $10,353 $25,000 3,400 labor hours 2,900 letters 2,450,000 lines 22,000 accounts Account billing $147,000 $76,000 $ Payment verification $10,560 $76,000 In September, actual total costs and activity were as follows: Total Costs Driver Amount $244,782 3,570 labor hours Activity Center Statement inquiry Correspondence Account billing $36,913 $ 232,807 3,070 letters 2,630,000 lines Payment verification 586,011 21,930 accounts Required Compute the flexible-budget variances for the following two activity cost items (round unit costs to two decimal places and enter favorable variances as positive numbers and unfavorable variances as negative numbers): Statement inquiry Payment verification Submit Answer Tries 0/7