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 6,200 units, but its actual level of activity was 6,150 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 $ 0 $ 33.70 Direct labor $ 0 $ 5.70 Direct materials 0 13.30 Manufacturing overhead 32,000 1.20 Selling and administrative expenses 25,000 4.00 Total expenses $ 57,000 $ 24.20 Actual results for May: Revenue $ 208,220 Direct labor $ 34,550 Direct materials $ 82,900 Manufacturing overhead $ 41,000 Selling and administrative expenses $ 30,420 The revenue variance for May would be closest to:

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 6,200...

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 6,200 units, but its actual level of activity was 6,150 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	$ 0	$ 33.70
Direct labor	$ 0	$ 5.70
Direct materials	0	13.30
Manufacturing overhead	32,000	1.20
Selling and administrative expenses	25,000	4.00
Total expenses	$ 57,000	$ 24.20

Actual results for May:

Revenue	$ 208,220
Direct labor	$ 34,550
Direct materials	$ 82,900
Manufacturing overhead	$ 41,000
Selling and administrative expenses	$ 30,420

The revenue variance for May would be closest to:

Jun 10, 2022

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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 6,200...

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