Dantuono Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During November, the company budgeted for 7,700 units, but its actual level of activity was 7,720 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for November: 
-The selling and administrative expenses in the planning budget for November would be closest to:
Definitions:
Market Value
The current price at which an asset or service can be bought or sold in an open market.
Book Value
The book value of an asset is its value on a balance sheet, calculated by subtracting any depreciation, amortization, or impairment costs from its original cost.
Salvage Value
The forecasted residual worth of an asset at the conclusion of its serviceable life.
Loss on Disposal
A financial loss that occurs when the selling price of an asset is less than its carrying amount.
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