Sherlock 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 Revenue $ 4,600 Employee salaries and wages $ 42,700 $ 1,100 Refurbishing materials $ 600 Other expenses $ 29,100 When the company prepared its planning budget at the beginning of February, it assumed that 26 containers would have been refurbished. The amount shown for revenue in the planning budget for February would have been: a. $136,300. b. $119,600. c. $133,400. d. $122,200.