Actual (based on actual orders for 450,000 units) $4,968,000 Master Budget (based on budgeted orders for 480,000 units) $4,800,000 Sales revenue Less Variable costs Materials Direct labor Variable overhead Variable marketing and administrative 1,536,000 223,000 627,600 396,500 2,783,100 $2,184,900 1,536,000 288,000 576,000 408,000 2,808,000 1,992,000 Total variable costs Contribution margin Less Fixed costs Manufacturing overhead Marketing 603,300 175,000 125,500 903,800 $1,281,100 575,000 175,000 102,500 852,500 $1,139,500 Total fixed costs Operating profits Required Prepare a sales activity variance analysis for Osage, 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.) OSAGE, INC Sales Activity Variance Sales Activity Variance Flexible Bud Master Budget Sales revenue Variable costs: Materials Direct labor Variable overhead Variable marketing and administrative Total variable costs Contribution margin Fixed costs: Administrative Total fixed costs Operating profits