Tulip Midwifery's cost formula for its wages and salaries is $2,420 per month plus $388 per birth. For the month of January, the company planned for activity of 119 births, but the actual level of activity was 123 births. The actual wages and salaries for the month was $50,540. The wages and salaries in the planning budget for January would be closest to: Select one: A. $50,144 B. $50,540 C. $48,786 D. $48,592