Dog Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During March, the kennel budgeted for 4,500 tenant-days, but its actual level of activity was 4,560 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March:

Data used in budgeting:

	Fixed element per month			Variable element per tenant-day
Revenue		-		$	35.00
Wages and salaries	$	3,400		$	8.40
Food and supplies		2,400			14.90
Facility expenses		8,900			3.90
Administrative expenses		7,400			0.30
Total expenses	$	22,100		$	27.50

Actual results for March:

Revenue	$	142,130
Wages and salaries	$	28,640
Food and supplies	$	71,025
Facility expenses	$	26,125
Administrative expenses	$	7,104

The revenue variance for March would be closest to:

$17,470 F

$15,370 F

$17,470 U

$15,370 U