Luc Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During February, the company budgeted for 5,000 units, but its actual level of activity was 4,950 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for February: 
-The activity variance for direct labor in February would be closest to:
Definitions:
Neutral Third Party
A third party without any interest or bias in the outcome of a negotiation, dispute, or legal matter, whose role is to assist in reaching a fair resolution.
Settlement
An agreement reached between parties in a dispute, before or after legal action, that resolves the issues.
Choice-of-Law Clause
A provision in a contract specifying which jurisdiction's laws will be applied in interpreting the contract.
International Contract
An agreement between parties from different countries, often subject to international law or treaties.
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