Manter Corporation manufactures and tell a ingle product. The company uses units as the measure of activity in its budgets and performance reports. During June, the company budgeted for 6.900 anh butts actual level of activity was 6.940 units. The company has provided the following data concerning the formulas used in its budgeting and is actual results for June Duis used in budgeting Fixed Variable element element per per month unit $32.10 Revenue $ 0 Direct labor olrect materials Hanufacturing overna 511ing and an instrative expenses 31,50 23,700 555,200 55.00 13.60 1.20 0.70 520.50 Acuits fout 3219,664 Direct labor Direct anterials Manufacturing overhead Selling and administrative pense 4,344 3. The ending interesin e Deco Manter Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During June, the company budgeted for 6.900 units, but its actual level of activity was 6,940 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for June Data used in budgeting Fixed Variable element element per per month unit $32.10 Revenue $ 0 Direct labor Direct materials Manufacturing overhead Selling and Administrative expenses Total expenses 31,500 23,700 $55,200 $ 5.00 13.60 1.20 0.70 $20.50 Actual results for Revende Direct lebar Direct materials anufacturing overhead Selling and administrative expenses $219,614 $34.990 5.94,364 $ 39,666 $ 29,888 The spending variance for direct materials in June would be closes