Odessa, Inc., reports the following information concerning operations for the most recent month:

	Actual (based on actual of 540 units)						Master Budget (based on budgeted 600 units)
Sales revenue		$	94,340					$	102,000
Less
Manufacturing costs
Direct labor			13,644						14,400
Materials			11,250						13,200
Variable overhead			7,260						9,000
Marketing			5,010						5,700
Administrative			4,800						4,800
Total variable costs		$	41,964					$	47,100
Contribution margin		$	52,376					$	54,900
Fixed costs
Manufacturing			4,665						4,800
Marketing			9,988						9,600
Administrative			9,562						9,600
Total fixed costs		$	24,215					$	24,000
Operating profits		$	28,161					$	30,900

There are no inventories.

Required:

Prepare a profit variance analysis for Odessa, 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.)

ODESSA, INC.
Profit Variance Analysis
	Actual 540 Units)	Manufacturing Variance		Marketing and Administrative Variance		Sales Price Variance		Flexible Budget (Units)	Sales Activity Variance		Master Budget (600 Units)
Sales revenue	$94,340										$102,000
Variable costs:
Manufacturing
Direct labor	13,644										14,400
Materials	11,250										13,200
Overhead	7,260										9,000
Marketing	5,010										5,700
Administrative	4,800										4,800
Contribution margin	$52,376							$0			$54,900
Fixed costs:
Manufacturing	4,665										$4,800
Marketing	9,988										9,600
Administrative	9,562										9,600
Operating profit	$28,161							$0			$30,900