4 Odessa, Inc., reports the following information concerning operations for the most recent month Master Budget 14.28 Actual (based on actual of 540 units) $ 88,320 (based on points budgeted 6e0 units) $ 96,e00 Sales revenue Less Manufacturing costs eBook Direct labor 13,632 11,520 14,400 13,440 Materials References Variable overhead 7,872 9,60e Marketing Administrative 5,088 4,88e 5,768 4,8e8 Total variable $ 42,912 $ 48,eee costs $ 45,408 Contribution margin Fixed costs Manufacturing Marketing Administrative 48,e00 4,800 9,600 4,665 9,984 9,561 9,600 24,210 Total fixed costs 24,008 24,000 $ 21,198 Operating profits There are no inventories. Required: Prepare a profit variance analysis for Odessa, Inc. (Do not round intermediate calculations. Indicate the effect of each variance by Prepare a profit variance analysis for Odessa, Inc. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) ODESSA, Inc. Profit Variance Analysis Marketing and Administrative Variance Flexible Master Budget (600 Units) Actual (540 Units) Manufacturing Variance Sales Activity Variance Sales Price Variance Budget (Units) Sales revenue 86.400S 9,600 U 88,320 96.000 Variable costs Manufacturing oosts 12.960 1,440F 14.400 Direct labor 13,632 12,096 1,344F 13.440 Materials 11,520 960 F 7,872 8,640 9.600 Overhead 576F 5,184 5,760 5,088 Marketing 4,800 480 F 4,320 4,800 Administrative 43,200 4,800 U 48.000 S Contribution margin S 45,408 Fixed costs 4,800 4,800 4,665 Manufacturing 9.600 9600 9,984 Marketing of 9,600 9,600 Administrative 9.561 4,800 U 24,000 19,200 S s 21,198 Operating profits