evorrow Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During ne, the company budgeted for 5,100 units, but its actual level of activity was 5.060 units. The company has provided the following data concerning the formulas ed in its budgeting and its actual results for June: ta used in budgeting Fixed element per month Variable element per unit Revenue Direct labor $ $30.10 $ 3.00 Direct materials e 10.90 Manufacturing overhead 38,200 1.20 Selling and administrative expenses 23,800 0.20 Total expenses $62,000 $15.30 ctual results for June: Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses $158,356 $ 14,660 $ 52,924 $44,197 $ 24,887 The overall revenue and spending variance (e, the variance for net operating income in the revenue and spending varlance column on the flexible budget performance report) for June would be closest to: Multiple Choice $8,800 U $8.208 U $8,208 F $8,800 F