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 7,400 units, but its actual level of activity was 7,350 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 Direct labor Direct materials Manufacturing overhead Selling and administrative xpenses Total expenses $0 0 31,000 $5.50 13.40 2.40 0.20 26,200 $57,200 $21.50 Actual results for July Revenue $257,800 Direct labor Direct materials Manufacturing overhead Selling and administrative expenses $47,000 The revenue varlance for July would be closest to