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Find the values of the missing items. Assume that actual sales volume equals actual production volume. (There are no inventory level changes.) (Do not round

Find the values of the missing items. Assume that actual sales volume equals actual production volume. (There are no inventory level changes.) (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.) Reported Income Flexible Units Sales revenue Less: Variable manufacturing costs Variable marketing and administrative costs Contribution margin Less: Fixed manufacturing costs Statement Manufacturing Marketing and Administrative (based on actual sales volume) Variance Sales Price Variance Variance Budget (based on actual sales volume) Sales Activity Variance 6,250 $ 1,910 U 455 F Fixed marketing and administrative costs Operating profit 5,250 $ 3,710 F Master Budget (based on budgeted sales volume) 4,500 F 10,000 $ 21,000 11,600 8,000 7,250 2,250 U $ 11,600 $ 8,000 3,550 $ 3,710 F $ 5,100

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