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:

	Actual (based on actual orders for 450,000 units)						Master Budget (based on budgeted orders for 480,000 units)
Sales revenue		$	4,974,000					$	4,800,000
Less
Variable costs
Materials			1,536,000						1,536,000
Direct labor			251,000						312,000
Variable overhead			578,400						528,000
Variable marketing and administrative			371,000						384,000
Total variable costs		$	2,736,400					$	2,760,000
Contribution margin		$	2,237,600					$	2,040,000
Less
Fixed costs
Manufacturing overhead			653,400						625,000
Marketing			170,000						170,000
Administrative			124,500						102,500
Total fixed costs		$	947,900					$	897,500
Operating profits		$	1,289,700					$	1,142,500

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