Schoening 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 and the actual results of operations for January. Variable Fixed Element per Actual Element Container Total for Revenue Employee salaries and wages 50,600 Refurbishing materials Other expenses per Month Refurbished January $4,100 $158,600 $1,100 92,700 $ 700 27,000 $ 40,800 $41,200