Lawes Corporation manufactures and sells a single product The company uses units as the measure of activity in its units, but its actual level of activity was 5.050 units. The company has prowided the following data concerning the formulas to be used in its budgeting budgets and performance reports. During July, the company Pixed Variable elenent element per month per unit Revenue $34.70 Direct labor Direct naterials Manufacturing overhead selling and administrative expenses 20,300 Total expenses s0 6.00 0 13.20 31,000 1.90 0.10 $51,300 $21.20 The direct labor in the planning budget for July would be closest to: Mutiple Choice $30.574 $30,300 530,000 Prey 12 f 28 Next > 0 $6.00 0 13.20 1.90 Selling and administrative expenses 20,300 0.10 $51,300 $21.20 Direct labor Direct materials Manufacturing overhead 31,000 Total expenses The direct labor in the planning budget for July would be closest to: Multiple Choice $30,574 $30,300 $30,000 $30,880