Neeb Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During January, the company budgeted for 7,000 units, but its actual level of activity was 7,040 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for January Data used in budgeting: Fixed element per month $ 0 $ 0 Variable element per unit $ 27.20 $ 3.20 9.70 1.10 0.40 $ 14.40 Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses Total expenses 0 44,300 27,000 $ 71,300 Actual results for January Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses $ 183, 448 $ 23,178 $ 68, 808 $ 49, 784 $ 30,246 The direct labor in the planning budget for January would be closest to: Multiple Choice O O $22,400 O $23,178 O $22,528 $23,046