The following are the actual results for Bentler Associates for the most recent period: Sales volume...

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The following are the actual results for Bentler Associates for the most recent period: Sales volume Sales revenue 77,440 units $ 1,006,720 Variable costs Manufacturing Marketing and administrative Contribution margin Fixed costs Manufacturing Marketing and administrative Operating profit 254,080 39,350 $ 713,290 451,820 104,250 $ 157,220 The company planned to produce and sell 88,000 units for $12.50 each. At that volume, the contribution margin would have been $776,000. Variable marketing and administrative costs are budgeted at 5 percent of sales revenue. Manufacturing fixed costs are estimated at $5 per unit at the budgeted volume of 88,000 units. Management notes, We budget an operating profit of $2.50 per unit at the budgeted volume." Required: a. Construct the master budget for the period. b. Prepare a profit variance analysis. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a profit variance analysis. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If the option. Enter your final answers as a whole number.) BENTLER ASSOCIATES Complete this question by entering your answers in the tabs below. Required A Required B Construct the master budget for the period. BENTLER ASSOCIATES Master Budget Sales volume Sales revenue Variable costs: Manufacturing Marketing and administrative Contribution margin Fixed costs: Manufacturing Marketing and administrative Operating profit 0 $ 0 units Required A Required B > Complete this question by entering your answers in the tabs below. Required A Required B Prepare a profit variance analysis. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If the option. Enter your final answers as a whole number.) Sales revenue Variable costs: BENTLER ASSOCIATES Profit Variance Analysis Actual Manufacturing Variances Marketing and Administrative Sales Price Variance Flexible Budget Sales Activity Variance Master Budget Variances $ 1,006,720 Manufacturing 254,080 Marketing and administrative 39,350 Contribution margin 713,290 Fixed costs: Manufacturing 451,820 Marketing and administrative 104,250 Operating profit $ 157,220 The following are the actual results for Bentler Associates for the most recent period: Sales volume Sales revenue 77,440 units $ 1,006,720 Variable costs Manufacturing Marketing and administrative Contribution margin Fixed costs Manufacturing Marketing and administrative Operating profit 254,080 39,350 $ 713,290 451,820 104,250 $ 157,220 The company planned to produce and sell 88,000 units for $12.50 each. At that volume, the contribution margin would have been $776,000. Variable marketing and administrative costs are budgeted at 5 percent of sales revenue. Manufacturing fixed costs are estimated at $5 per unit at the budgeted volume of 88,000 units. Management notes, We budget an operating profit of $2.50 per unit at the budgeted volume." Required: a. Construct the master budget for the period. b. Prepare a profit variance analysis. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a profit variance analysis. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If the option. Enter your final answers as a whole number.) BENTLER ASSOCIATES Complete this question by entering your answers in the tabs below. Required A Required B Construct the master budget for the period. BENTLER ASSOCIATES Master Budget Sales volume Sales revenue Variable costs: Manufacturing Marketing and administrative Contribution margin Fixed costs: Manufacturing Marketing and administrative Operating profit 0 $ 0 units Required A Required B > Complete this question by entering your answers in the tabs below. Required A Required B Prepare a profit variance analysis. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If the option. Enter your final answers as a whole number.) Sales revenue Variable costs: BENTLER ASSOCIATES Profit Variance Analysis Actual Manufacturing Variances Marketing and Administrative Sales Price Variance Flexible Budget Sales Activity Variance Master Budget Variances $ 1,006,720 Manufacturing 254,080 Marketing and administrative 39,350 Contribution margin 713,290 Fixed costs: Manufacturing 451,820 Marketing and administrative 104,250 Operating profit $ 157,220