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 Fixed Element per Actual Element Container Total for Revenue Employee salaries and wages Refurbishing materials Other expenses per Month Refurbished 3anuary $4,100 $158,6060 58,60$1,100 $ 92,7e0 $ 700 27,000 s40,800 $41,200 have been refurbished. However When the company prepared its planning budget at the beginning of January, it assumed that 40 containers would 38 containers were actually refurbished during January The total expenses in the flexible budget for January would have been closest to