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Piechocki Corporation manufactures and sells a single product. The company uses units as the measure...

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Accounting

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Piechocki 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 7700 units, but its actual level of activity was 7650 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 per month unit $35.20 Revende Direct labor Direct materials Manufacturing overhead Selling and administrative expenses Total expenses 0 0 34,000 26,500 $60,500 $5.00 12.80 1.50 0.50 $20.60 Actual results for My Revenue $270,000 Direct Labor $ 44,210 Diret materials $99,995 Manufacturing overhead $49,500 Selling and administrative expenses $ 30,570 The revenue varsace for May would be closest to The revenue variance for May would be closest to: Multiple Choice $1,520 F $240 F $240 U $1.520 0

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