Trevorrow Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During June, the company budgeted for 5500 units, but its actual level of activity was 5460 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for June: Data used in budgeting: Fixed element Variable el per month per ur $ Revenue Direct labor $ 0 $ Direct materials Manufacturing overhead Selling and administrative expenses Total expenses 0 38,600 24,200 $62,800 $ Actual results for June: Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses ta ta ta ta ta w Corporation manufactures and sells a single product. The uses units as the measure of activity in its budgets and ince reports. During June, the company budgeted for 5500 units, tual level of activity was 5460 units. The company has provided wing data concerning the formulas used in its budgeting and its sults for June: d in budgeting: Fixed element Variable element per month per unit $ 28.00 por $ 0 $ 3.50 0 9.60 aterials turing overhead nd administrative expenses 1.20 38,600 24,200 $62,800 0.30 enses 14.60 sults for June: por aterials turing overhead nd administrative expenses $158,886 $18,578 $50,166 $45,057 $25,933 The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for June would be closest to