Lawes Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During July, the company budgeted for 5,000 units, but its actual level of activity was 5,050 units. The company has provided the following data concerning the formulas to be used in its budgeting: Fixed element per monthVariable element per unitRevenue - $34.70 Direct labor$0 $6.00Direct materials 0 13.20Manufacturing overhead 31,000 1.90Selling and administrative expenses 20,300 0.10Total expenses$51,300 $21.20?The direct labor in the planning budget for July would be closest to:
A. $30,000
B. $30,880
C. $30,300
D. $30,574
Answer: A
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