Nottingham Forest Products reports the following information concerning operations for the most recent month: Master Budget Actual (based (based on on actual sales budgeted sales of 5,220 units) of 4,350 Sales revenue Less Manufacturing costs Direct labor Materials Variable overhead Marketing Administrative Total variable costs Contribution margin Fixed costs Manufacturing $ 249,700 units) $ 204,450 50,442 39,140 31,660 27,340 16,748 13,240 7,945 6,340 7,355 6,640 $ 114,150 $ 135,550 39,140 15,000 $ 92,700 $ 111,750 37,540 12,340 Marketing Administrative 9,720 10,540 Total fixed costs $ 63,860 $ 60,420 Operating profits $ 71,690 $ 51,330 There are no inventories. Required: Prepare a profit variance analysis for Nottingham Forest Products. Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable or "||" for unfavorable. If there is no offect do not colect either antion Sales revenue Variable costs: Manufacturing costs: NOTTINGHAM FOREST PRODUCTS Profit Variance Analysis Actual (5,220 Units) Marketing and Manufacturing Variance Administrative Variance Sales Price Variance $ 249,700 Direct labor 50,442 Materials Overhead Marketing Administrative 31,660 16,748 7,945 7,355 Contribution margin $ 135,550 Fixed costs: Manufacturing Marketing 39,140 15,000 Administrative 9,720 Operating profits $ 71,690 Flexible Budget (5,220 Units) Master Budget Sales Activity Variance (4,350 Units) $ 204,450 39,140 27,340 13,240 6,340 6,640 $ 111,750 37,540 12,340 10,540 $ 51,330