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 6,000 units, but its actual level of activity was 5,950 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 $33.50 Direct labor $0 $5.50 Direct materials 0 13.10 Manufacturing overhead 30,000 1.00 Selling and administrative expenses 24,800 0.20 Total expenses $54,800 $19.80 Actual results for July: Revenue $200,050 Direct labor $32,500 Direct materials $80,100 Manufacturing overhead $40,000 Selling and administrative expenses $30,400 The revenue variance for July would be closest to: $950 U $950 F $725 U $725 F