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Odessa, Inc., reports the following information concerning operations for the most recent month: Actual (based on actual of 585 units) $ 109,360 Master Budget (based
Odessa, Inc., reports the following information concerning operations for the most recent month: Actual (based on actual of 585 units) $ 109,360 Master Budget (based on budgeted 650 units) $ 117,000 Sales revenue Less Manufacturing costs Direct labor Materials Variable overhead Marketing Administrative Total variable costs Contribution margin Fixed costs Manufacturing Marketing Administrative Total fixed costs Operating profits 12,892 13,690 9,310 5,495 5,200 $ 46,587 $ 62,773 13,650 15,600 11,050 6,175 5,200 $ 51,675 $ 65,325 5,070 10,790 10,365 $ 26, 225 $ 36,548 5,200 10,400 10,400 $ 26,000 $ 39,325 There are no inventories. Required: Prepare a sales activity 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. Enter your final answers as a whole number.) ODESSA, INC. Sales Activity Variance Flexible Budget (based on actual of 585 units) Sales Activity Variance Master Budget (based on budgeted 650 units) Sales revenue $ 117,000 Variable costs: Manufacturing costs: Direct labor 13,650 15,600 Materials Variable overhead 11,050 Marketing 6,175 Administrative 5,200 Total variable costs $ 0 $ 51,675 $ 0 $ 65,325 Contribution margin Fixed costs: Manufacturing Marketing 5,200 10,400 Administrative 10,400 $ 0 $ Total fixed costs Operating profits 26,000 39,325 $ 0 $
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