Actual (based on actual sales of 96,000 units) $640,000 Master Budget (based on budgeted sales 94,000 units) $799,000 Sales revenue Less Variable costs Direct material Direct labor Variable overhead Marketing Administrative Total variable costs Contribution margin Less Fixed costs Manufacturing Marketing Administrative Total fixed costs Operating profits 96,000 97,000 104,000 20,400 15,700 $333,100 $306,900 79,900 141,000 141,000 23,500 23,500 $408.900 $390,100 138,000 43,000 101,000 $282,000 $ 24.900 136,000 23.500 98,000 $257.500 $132,600 Required: Prepare a profit variance analysis for Brahms & Sons. (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.) BRAHMS & SONS Profit Variance Analysis Actual (96,000 units) Manufacturing Variance Marketing & Administration Variance Sales Price Variance Flexible Budget (units) Sales Activity Variance Master Budget (94,000 units) $ 799,000 Sales revenue $ 640,000 Variable costs: Manufacturing Direct material 96,000 79,900 141,000 97,000 Direct labor Overhead 141,000 104,000 20,400 23,500 15,700 23,500 $ 306,900 $ 390,100 Marketing Administration Contribution margin Fixed costs Manufacturing Marketing Administration 138,000 43,000 136,000 23,500 98,000 101,000 24,900 Operating profit $ $ 132,600