Campbell Company has provided the following for the year.

Budget

Sales $ $502,000$

Variable product costs $203,000$

Variable selling expense $40,000$

Other variable expenses $3,300$

Fixed product costs $16,200$

Fixed selling expense $23,800$

Other fixed expenses $1,800$

Interest expense $630$

Variances

Sales $8,000$ U

Variable product costs $4,200$ F

Variable selling expense $1,600$ U

Other variable expenses $1,900$ U

Fixed product costs $270$ F

Fixed selling expense $440$ F

Other fixed expenses $170$ U

Interest expense $120$ F

Required

a$.$ Prepare in good form a budgeted and actual income statement for internal use. Separate operating income from net income in the statements and indicate whether each variance is favorable $($F$)$ or unfavorable $($U$).($Select "None" if there is no effect $($i$.$e$.,$ zero variance$).)$