Tomlison Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 5,100 units, but its actual level of activity was 5,150 units. The company has provided the following data concerning the formulas to be used in its budgeting: Fixed Element per Month Variable Element per UnitRevenue - $42.40 Direct labor$0 $7.70Direct materials 0 15.40Manufacturing overhead 46,800 1.20Selling and administrative expenses 21,000 0.40Total expenses$ 67,800 $ 24.70The direct materials in the flexible budget for October would be closest to:
A. $77,708
B. $79,310
C. $78,540
D. $79,239
Answer: B
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