Help Save& ExitS Saved Fall 2018 TB MC Qu. 9-320 Lencl Corporation manufactures and sells a single... Lenci Corporation manufactures and sells a single product The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 5,180 units, but its actual level of activity was 5,130 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May Data used in budgeting: PixedVariable element element per unit $40.40 per month Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses Total expenses $0 6.30 16.50 2.10 0 42,300 23,500 $65, B00$25.90 Actual results for May: Revenue Direct Labor Direct materials Manufacturing overhead Selling and administrative expenses $198,610 $ 29,365 s 81.065 s $2, 405 s 23,480 The spending varlance for manufacgring overhead in May would be closest to: Multiple Choice evel of a AvHighlight All Match Case of 1 match Help Save& ExitS Saved Fall 2018 TB MC Qu. 9-320 Lencl Corporation manufactures and sells a single... Lenci Corporation manufactures and sells a single product The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 5,180 units, but its actual level of activity was 5,130 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May Data used in budgeting: PixedVariable element element per unit $40.40 per month Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses Total expenses $0 6.30 16.50 2.10 0 42,300 23,500 $65, B00$25.90 Actual results for May: Revenue Direct Labor Direct materials Manufacturing overhead Selling and administrative expenses $198,610 $ 29,365 s 81.065 s $2, 405 s 23,480 The spending varlance for manufacgring overhead in May would be closest to: Multiple Choice evel of a AvHighlight All Match Case of 1 match