Coderre Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During July, the company budgeted for 7,800 units, but its actual level of activity was 7,780 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for July:
Data used in budgeting:
Actual results for July:
-The revenue variance for July would be closest to:
Definitions:
Q7: The number of pounds of Material B
Q8: A flexible budget cannot be used to
Q18: The manufacturing overhead in the flexible budget
Q27: The first 16 years of the 21st
Q103: The March 31 balance in accounts receivable
Q127: The labor rate variance for February is:<br>A)$448
Q165: The spending variance for food and supplies
Q169: The variable overhead rate variance for February
Q173: The variable overhead efficiency variance for June
Q266: The activity variance for wages and salaries