1 points Save A sels a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 5,800 units, but its actual level of activity was 5,830 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May: Fixed Variable elemest per element per unit Direct labor Direct naterials anufacturing overhead Selling and adsinistrative expenses Total expeses 32.30 53.40 1.10 72,900 $15.70 46,700 26,200 Actual results for May 191,229 5 19,872 s 60,622 50,523 s 30,654 Direct 1 Hanufacturing overhead Selling and sdainistrative expenses The selling and administrative expenses in the planning budget for May would be closest to $30,840 $30,654 $30,864 $30,496