A shipping container refurbishment company measures its outp…

A shipping cоntаiner refurbishment cоmpаny meаsures its оutput by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for October. Fixed Element per MonthVariable Element per Container RefurbishedActual Total for OctoberRevenue $ 4,100$ 158,600Employee salaries and wages$ 50,600$ 1,100$ 92,700Refurbishing materials $ 700$ 27,000Other expenses$ 41,200 $ 40,800When the company prepared its planning budget at the beginning of October, it assumed that 40 containers would have been refurbished. However, 38 containers were actually refurbished.The revenue variance in the Revenue and Spending Variances column of a report comparing actual results to the flexible budget would have been closest to: