For the 1^st quarter PROBLEM of 2014, the company made the following budget.

Sales 100,000 units

Selling price $40 per unit

Production 120,000 units

Production cost:

Direct material $6 per unit

Direct labor $8 per unit

Variable overhead $1 per unit

Fixed overhead $240,000

Selling cost:

Variable selling cost $2 per unit

Fixed selling $80,000

The following shows the actual performance for 2014 quarter 1

Sales 98000 units

Selling price $40.00 per unit

Production 110,000 units

Total direct material cost $693,000

Total direct labor cost $860,000

Variable overhead $120,000

Fixed overhead $245,000

Variable selling cost $200,000; fixed selling cost $80,000

For each item, determine if the company%u2019s performance was favorable (F) or unfavorable (U) and by how much dollar amount.

Revenue

Direct material cost

Direct labor cost

Variable overhead

Fixed overhead

Variable selling cost

Fixed selling.