Lenci Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 5,100 units, but its actual level of activity was 5,050 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Fixed element per month Variable element per unit Revenue - $ 39.60 Direct labor $ 0 $ 5.50 Direct materials 0 15.70 Manufacturing overhead 41,500 1.30 Selling and administrative expenses 22,700 0.20 Total expenses $ 64,200 $ 22.70 Actual results for May: Revenue $ 197,810 Direct labor $ 28,565 Direct materials $ 80,265 Manufacturing overhead $ 47,905 Selling and administrative expenses $ 22,680 The revenue variance for May would be closest to: Garrison 16e Rechecks 2018-06-07 Multiple Choice $4,150 F $2,170 F $2,170 U $4,150 U