Gayner Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for November Fixed Element Variable Actual Element per Total for per Month We11 Serviced Revenue Employee salaries and wages Servicing materials Other expenses $4,300 $148,400 $48,900 $1,000 84,000 600 20,20e $ 29,600 $30,300 When the company prepared its planning budget at the beginning of November, it assumed that 30 wells would have been serviced. However, 34 wells were actually serviced during November The spending variance for Servicing materials" for November would have been closest to