Menson Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During December, the company budgeted for 5,800 units, but its actual level of activity was 5,830 units. The company has provided the following data concerning the formulas to be used in its budgeting: 
-The selling and administrative expenses in the planning budget for December would be closest to:
Definitions:
Index Model
A statistical model to estimate the returns of a stock based on the returns of a broader market index.
Covariance
A measure of the degree to which two variables move together. In finance, it is used to measure how returns on two assets are related.
Regression Analysis
A statistical method used to examine the relationship between one dependent variable and one or more independent variables.
Slope
In mathematics and economics, the slope represents the rate at which a variable changes in relation to another variable, often depicted as the rise over run on a graph.
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