Chapter 9 quiz i Saved Help Save & Exit Sub 6 Tomlison 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 Variable element per Month 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 direct materials in the flexible budget for October would be closest to