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Coderre Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During July,

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Coderre Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During July, the company budgeted for 8,000 units, but its actual level of activity was 8.050 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting: The revenue variance for July would be closest to

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