Tomlinson Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 5,100 units, but its actual level of activity was 5,150 units. The company has provided the following data concerning the formulas to be used in its budgeting: Fixed Element per Month Variable element per unit Revenue $ 0 $42.40 Direct labor $ 0 $ 7.70 Direct materials 0 15.40 Manufacturing overhead 46,800 1.20

Selling and administrative expenses	21,000	0.40
Total expenses	$67,800	$24.70

The selling and administrative expenses in the planning budget for October would be closest to:

Multiple Choice

$23,330

$23,103

$23,060

$23,040