LPM Ltd. uses units produced as its measure of activity. During August, the company budgeted for 46,700 units of output, but actually produced 48,900 units of output. The company uses the following revenue and cost formulas in its budgeting, where is the number of units of output: Revenue: $10.40 Salaries: $31,050 + $2.450 Supplies: $1.259 Utilities: 50.600 Insurance: $23,090 Miscellaneous expenses: $13,800 +50.219 The company reported the following actual results for August: Revenue $491,250 Salaries $148,360 Supplies $ 55,795 Utilities $ 31,920 Insurance $ 22,100 Miscellaneous expenses 20,845 The revenue variance in August is: oa.s22,880 U S17,310 . 17,310 od. 55,570 U e.s5,570 F LIET Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 77 Units in beginning inventory Units produced 4,800 Units sold 4,000 Units in ending inventory soo Variable costs per unit: Direct materials S 11 Direct labor Variable manufacturing overhead Variable selling and administrative expense 5 2 Fixed costs: Fixed manufacturing overhead $24,000 Fixed selling and administrative expense $21,840 What is the per unit product cost for the month under variable costing? . 550 ob. 552 . $45 od. 347 . 551