Exercise 16-27 (Algo) Sales Activity Variance (LO 16-3) The master budget at Cherrylawn Corporation at the beginning of the year was based on sales of 355,000 units with revenues of $3,550,000. Total variable costs were budgeted at $2,130,000 and fixed costs at $1,030,000. During the period, actual production and actual sales were 335,000 units. The actual revenues were $3,466,500. Actual variable costs were $22.50 per unit. Actual fixed costs were $1,060,000. Required: Prepare a sales activity 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