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Need asap please!!! Herlocker Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided

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Herlocker Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes Fixed Element per Month Variable Element per Container Refurbished $ 4,400 $ 1,100 $ 600 $ 42,700 Revenue Employee salaries and wages Refurbishing materials Other expenses $ 29,100 When the company prepared its planning budget at the beginning of February it assumed that 29 containers would have been refurbished. The company actually refurbished 28 containers in February. The amount shown for revenue in the flexible budget for February would have been closest to: $122,200 $123,200 O $127,600 $119,600

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