Woofter Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During January, the company budgeted for 7,600 units, but its actual level of activity was 7,560 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for January: 
-The net operating income in the planning budget for January would be closest to:
Definitions:
Supreme Court
The Supreme Court is the highest federal court in the United States, with the ultimate authority in interpreting the Constitution and adjudicating disputes involving federal law.
Immigration
The action of coming to live permanently in a foreign country.
Immigration Status
The legal state or condition of an individual's right to enter and reside in a particular country, which can affect their eligibility for work, residency, and citizenship.
Federal Immigration Law
Laws made by the national government that regulate the process of entering, residing in, or being deported from a country.
Q53: If the materials handling cost is allocated
Q60: The master budget process usually begins with
Q63: December cash disbursements for merchandise purchases would
Q66: Guthridge Inc. is working on its cash
Q67: The activity variance for administrative expenses in
Q93: The division's return on investment (ROI) is
Q99: The cash budget must be prepared before
Q108: Which product makes the MOST profitable use
Q134: Under a standard cost system, the materials
Q227: The selling and administrative expenses in the