oard S A B Font fx C Alignment Merge & Center 3 A Number .00 .00.0 Formatting 2 Format as Cell Insert Delete Format Y Table Styles Styles Cells D E F G H Question 4 Calculate the activity variance. Are the variances for the revenues, total expenses, and net operating income favorable or unfavorable? Sales # Rate $/h Revenue Static Budget 180 Actuals 220 $21 $20 $3,780 $4,400 Expenses W&S Rate $/h $9 $10 Wages and Salaries $1,620 $2,200 Utilities Rate $/h $2 $1 Utilities Rent ($500/month) Insurance ($100/month) Total Expense $360 $220 $320 $300 $50 $50 $2,350 $2,770 Net Operating Income $1,430 $1,630 4 HOURS Question 1 Question 2 Question 3 Question 4 Question 5 Question 6 Question 7 Question 8 SIGN ME + E