Linscott Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During July, the company budgeted for 5,400 units, but its actual level of activity was 5,380 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting:

Linscott Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During July, the company budgeted for 5,400 units, but its actual level of activity was 5,380 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting: Fixed element per month Variable element per unit $36.60 Revenue $ 0 Direct labor. Direct materials. Manufacturing overhead................. Selling and administrative expenses....... Total expenses..... 42.800 29,900 $72.700 $ 5.30 11.30 1.90 0.10 $18.60 Actual results for July: Revenue $206,318 Direct labor... $29,814 Direct materials.. $58,224 Manufacturing overhead.. $51.982 Selling and administrative expenses....... $29,458 The activity variance for selling and administrative expenses in July would be closest to: Selling and administrative expenses....... $29,458 The activity variance for selling and administrative expenses in July would be closest to: 0 $982 U 0 $2 U $982 F $2F