Odessa, Inc., reports the following information concerning operations for the most recent month: Actual (based on Master Budget (based on actual of 450 units) budgeted 500 units) Sales revenue $ 77.340 $ $ 85,000 Less Manufacturing costs Direct labor 11.222 12.000 Materials 9,090 11,000 Variable overhead 7.210 9,000 Marketing 4,018 4,700 Administrative 4,500 4,500 Total variable costs $ 36,040 $ 41,200 Contribution margin $ 41,300 $ 43,800 Fixed costs Manufacturing 3,870 4,000 Marketing 8,382 8,000 Administrative 7,957 8,000 Total fixed costs $ 20,200 S 20,000 Operating profits $ 21,001 s 23,800 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 450 Units) Flexible Manufacturing Variance Marketing and Administrative Variance Sales Price Variance Budget (Units) Sales Activity Variance Master Budget (500 Units) 85.000 Sales revenue $ 77,340 Variable costs: Manufacturing Direct labor Materials 12.000 11,222 9,090 11.000 7,210 9,000 Overhead Marketing 4,018 4.700 Administrative 4,500 4,500 41.300 Contribution margin $ $ 0 s 43.800 Foxed costs: 3.870 $ 4,000 8,000 8,382 Manufacturing Marketing Administrative Operating profit 8.000 7.957 21.091 $ S S 23.800