46.

Hairston Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During November, the company budgeted for 7,820 units, but its actual level of activity was 7,840 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting:

	Fixed element per month			Variable element per unit
Revenue				$	42.9
Direct labor	$	0		$	10.2
Direct materials		0			17.7
Manufacturing overhead		46,000			2.8
Selling and administrative expenses		21,600			1.4
Total expenses	$	67,600		$	32.1

Actual results for November:

Revenue	$	335,086
Direct labor	$	80,398
Direct materials	$	138,338
Manufacturing overhead	$	65,982
Selling and administrative expenses	$	32,476

The direct materials cost in the flexible budget for November would be closest to:

Noreen 4e Rechecks 2017-31-03

$138,069

$138,728

$138,768

$138,438