Faulks 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. 
When the company prepared its planning budget at the beginning of August,it assumed that 23 containers would have been refurbished.However,26 containers were actually refurbished during August.
The amount shown for total expenses in the planning budget for August would have been closest to:
Definitions:
Price Mechanism
The process through which prices rise and fall as a result of changes in supply and demand, determining the allocation of resources in a market economy.
Wage and Price Controls
Government-imposed restrictions on the levels at which wages and prices can be set, usually to control inflation.
Inflation
A general increase in prices and decrease in the purchasing value of money.
Pure Capitalist Economy
An economic system characterized by private ownership of resources and the use of market mechanisms to allocate goods and services with minimal government intervention.
Q29: Reaser Corporation makes one product. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2580/.jpg"
Q64: The budgeted required production for August is
Q88: Boldrin Inc.has a standard cost system.The standards
Q95: When recording the direct labor costs in
Q100: Ocean Corporation uses customers served as its
Q145: The spending variance for "Other expenses" for
Q174: Herrod Catering uses two measures of activity,jobs
Q298: The occupancy expenses in the flexible budget
Q330: The activity variance for net operating income
Q379: The activity variance for administrative expenses in