hapter 16 Pre-built Assignment Osage, Inc., manufactures and sells lamps. The company produces only when it receives orders and therefore, has no inventories. The following information is available for the current month: nts Actual (based on actual orders for 450, eee units) $ 4,495,000 Master Budget (based on budgeted orders for 480,eee units) $ 4,320, eee eBook 1,680,000 248,000 531,000 Print 1,680,000 312,000 480, eee 408,000 2,880,000 1,440,000 395,500 Sales revenue Less Variable costs Materials Direct labor Variable overhead Variable marketing and administrative Total variable costs Contribution margin Less Fixed costs Manufacturing overhead Marketing Administrative Total fixed costs Operating profits References $ $ 2,854,500 1,640, 500 $ $ 679,800 185,000 135,000 999,000 641,500 650,000 185, 115,000 950,000 490, eee Required: Prepare a sales activity variance analysis for Osage, Inc. (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.) OSAGE, INC. Sales Activity Variance Flexible Budget Sales Activity Variance Master Budget Sales revenue Variable costs: Materials Direct labor Variable overhead Variable marketing and administrative Total variable costs Contribution margin Fixed costs Manufacturing overhead Marketing Administrative Total fixed costs Operating profits