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Stegemann Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed

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Stegemann 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 May. Variable Fixed Element per Actual Element Container Total for per Month Refurbished May Revenue $5,300 $156,400 Employee salaries and wages $42,900 $1,300 $ 82,300 Refurbishing materials $ 500 $ 15,100 Other expenses $42,900 $ 41,900 When the company prepared its planning budget at the beginning of May, it assumed that 27 containers would have been refurbished. However, 29 containers were actually refurbished during May The amount shown for "Other expenses" in the planning budget for May would have been closest to: Multiple Choice The amount shown for "Other expenses" in the planning budget for May would have been closest to: Multiple Choice $42,900 $41,900 $39,010 S42,400

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