Cost Accounting

Osage, Inc., manufactures and sells lamps The company produces only when it receives orders and therefore, has no inventories, The following information is available for the current month Actual (based on Master Budget (based actual orders for on budgeted orders 450,000 units) for 480,000 units) 54,457,000 54.320,000 Sales revenue Less Variable costs Materials Direct labor Variable overhead Variable marketing and administrative Total variable costs Contribution targin Less Fixed costs Manufacturing overhead Marketing Administrative Total fixed costs Operating profits 1,600,000 244,000 675,200 421.000 $2,020,200 $1,466,800 1,500,000 312,00 624,00 432,000 53045,000 $1.272.ee 603,600 170,000 142.000 5 915,600 $ 551,200 575,000 178,000 120,000 365,000 5407,000 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) Sales Activity Variance Flexible Budget Sales Activity Variance Master Budget Sales revenue Variable costs Materials Direct labor Variable overhead Variable marketing and administrative Total variable costs Contribution margin Fixed costs Manufacturing overhead Marketing Administrative Total fixed costs Operating profits 0 $ $ 0 $ $ 0 0 $ 0 0 $ 0 $ $ 0