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Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May,

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Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 7,800 units. but its actual level of activity was 7,750 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Fixed Variable element element per per month unit Revenue - $35.38 Direct labor $ 8 $ 5.98 Direct materials 8 12.98 Manufacturing overhead 35,888 1.68 Selling and administrative expenses 26,688 8.68 Total expenses $61,688 $21.88 l Actual results for May: Revenue $274,888 Direct labor 5 45,888 Direct materials $181,188 Manufacturing overhead $ 49,888 Selling and administrative expenses 35 38,588 Multiple Choice O $99,975 O $101,830 O $100,620 O $101,260

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