Exercise 16-25 (Algo) Profit Variance Analysis (LO 16-4) The master budget at Monroe Manufacturing last period called for sales of 42,500 units at $47 each. The costs were estimated to be $31 variable per unit and $529,000 foued. During the period, actual preduction and actual sales were 45,500 units, The selling price was $46 per unit Variable costs were $33 per unit Actual fixed costs were $520,000 Required: Prepare a profit variance analysis. Note: 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