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 5,110 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 May: Data used in budgeting: 8 00:23:42 Skipped Fixed Variable element element per per month unit $39.70 Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses Total expenses 41,600 22,800 $64,400 $ 5.60 15.80 1.40 .30 $23.10 Actual results for May: Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses $ 197,910 $ 28,665 $ 80,365 $ 48, 405 $ 22,780 The spending variance for manufacturing overhead in May would be closest to: Multiple Choice $279 F $349 F $279 U $349 U