Budgeted activity was 8,400 units

Actual activity was 8,450 units

	Fixed element per month			Variable element per unit
Revenue		-		$	35.90
Direct labor	$	0		$	6.50
Direct materials		0			11.90
Manufacturing overhead		41,000			2.20
Selling and administrative expenses		27,200			0.50
Total expenses	$	68,200		$	21.10

Actual results for May:

Revenue	$	302,100
Direct labor	$	54,310
Direct materials	$	99,230
Manufacturing overhead	$	52,000
Selling and administrative expenses	$	30,640

In the flexible budget for May, what is the amount for direct materials? (closest to):

Group of answer choices

a. $101,840

b. $99,230

c. $100,555

d. $99,960