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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,

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 7,800 units, but its actual level of activity was 7,780 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:

Fixed element per month Variable element per unit
Revenue $29.70
Direct labor $0 $6.80
Direct materials 0 8.90
Manufacturing overhead 49,300 1.30
Selling and administrative expenses 26,300 0.10
Total expenses $75,600 $17.10

Actual results for July:

Revenue $224,996
Direct labor $52,274
Direct materials $69,312
Manufacturing overhead $57,794
Selling and administrative expenses $27,588

The revenue variance for July would be closest to:

$6,664 U

$6,664 F

$6,070 U

$6,070 F

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