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 6,200 units, but its actual level of activity was 6,150 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 unt $33.70 Revenue $0 0 32,000 $5.70 13.30 120 Direct labor Direct materials Manufacturing overhead Selling and administrative expenses Total expenses 25,000 4.00 $57,000 $24.20 Actual results for July Revenue $200 220 Direct labor Direct materials Manufacturing overhead Selling and administrative expenses $34,550 $82,900 $41,000 $30,420 The revenue variance for July would be closest to: $720 U $720 F $965 F O $965 U