Friou 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 6,300 units, but its actual level of activity was 6,250 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting: Fixed element per month Variable element per unit Revenue $ 31.80 Direct labor $ 0.00 $ 4.50 Direct materials 13.90 Manufacturing overhead 32,500 1.60 Selling and administrative expenses 20,900 0.30 Total expenses $ 53,400 $ 20.30 Actual results for July: Revenue $ 204,790 Direct labor $ 27,295 Direct materials 83,985 Manufacturing overhead 43,270 Selling and administrative expenses 22,185 The net operating income in the flexible budget for July would be closest to? The manufacturing overhead in the flexible budget for July would be closest to