Neeb Corporation manufactures and sells a single product The company uses units as the measure of activity in ts 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 conceming the formulas used in es budgeting and its actual results for January Data used in budgeting Fixed Variable element per unit element per month $27.20 Revenue $3.20 Direct labor Direct materials Manufacturing overhead Selling and adeinistrative expenses 9.70 1.10 44,300 27,000 0.40 $14,40 $71, 300 Total expenses Actual results for January1 $183,448 $ 23,178 s 68,808 $ 49,784 $ 30,246 Revenue Direct labor Direct materials Manufacturing overhead Selling and adeinistrative expenses The drect labor in the planning budget for January would be closest to ses 30, 246 The direct labor in the planning budget for January would be closest to Multiple Choice $22,400 $23,178 $22,528 $23,046