Exercise 16-28 (Algo) Profit Variance Analysis (LO 16-4) The master budget at Cherrylawn Corporation at the beginning of the year was based on sales of 276,000 units with revenues of $3,312,000. Total variable costs were budgeted at $1,932,000 and fixed costs at $954,000. During the period, actual production and actual saies were 255,200 units. The actual revenues were $3,443,500. Actual variable costs were $6.40 per unit. Actual fixed costs were $984,000. Required: Prepare a profit varlance 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 elther option