Gilson Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports During April, 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 used in its budgeting and its actual results for Aprit Data used in budgeting Pixed element Variable element per month per unit Revenue $ 35.90 Direct labor $ 0 $ 7.80 Direct materials 0 10.10 Manufacturing overhead 38,600 1.90 Selling and 21,000 0.40 administrative expenses Total expenses $ 59,600 S 20.20 Actual results for Aprit Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses $179,164 $ 41,248 $ 49,086 $48,544 $ 22,354 The overall revenue and spending variance Re, the variance for net operating income in the revenue and spending variance column on the flexible budget performance report for April would be closest to: Actual results for April Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses $179,164 $ 41,248 $ 49,086 $ 48,544 $ 22,354 The overall revenue and spending variance (e, the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for April would be closest to: Multiple Choice $2.538 F O $2,538 U $1910