QUESTION 28 Martini Corporation manufactures and sells a single product. The company uses units as the measure of activity in s budgets and performance reports. During May, the company planned for 7.000 units, but its actual level of activity was 7,850 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 Variable Element Element per month per unit Revenue $35.40 Manufacturing overhead. $36,000 $1.70 Selling and administrative expenses (S&A). $26,700 $0.70 Actual results for May: Revenue.. $278.900 Manufacturing overhead. $49,500 Selling and administrative expenses (S&A). $30,590 The revenue variance for the flexible budget for May would be closest to $155 Favorable. $1,010 Unfavorable. $1,605 Favorable. $1,605 Unfavorable. $760 Unfavorable. $1,010 Favorable. $760 Favorable. $155 Unfavorable