Neubert Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During December, the company budgeted for 5,300 units, but its actual level of activity was 5,340 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for December:Data used in budgeting: Fixed Element per MonthVariable element per unitRevenue - $30.00 Direct labor$0 $3.50Direct materials 0 10.40Manufacturing overhead 33,300 1.50Selling and administrative expenses 25,000 0.50Total expenses$58,300 $15.90?Actual results for December: Revenue$156,340Direct labor$17,980Direct materials$56,566Manufacturing overhead$41,040Selling and administrative
expenses$28,870?The direct labor in the planning budget for December would be closest to:
A. $18,690
B. $18,550
C. $17,845
D. $17,980
Answer: B
Business
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