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 459, eee units) $4,977, eee Master Budget (based on budgeted orders for 498,280 units) $4,980,000 Sales revenue Less Variable costs Materials Direct labor Variable overhead Variable marketing and administrative Total variable costs Contribution margin Less Fixed costs Manufacturing overhead Marketing Administrative Total fixed costs Operating profits 1,485, eee 285.ee 675, 30e 486, see $2,931,300 $2,845,700 1,494, eee 348.6ee 647.400 498, eee $2,988, eee $1,992, see 990,60e 297,eee 213, see $1,500,600 $ 545, 109 960, 900 297,000 180, 9ee $1,438,800 $ 553,200 Required: Prepare a profit variance analysis for Osage, Inc. (Do not round Intermediate calculations. Indicate the effect of each varlance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select elther option.) OSAGE, INC. Profit Variance Analysis Marketing and Manufacturing Administrative Variances Variances Actual Sales Price Variance Flexible Budget Sales Activity Variance Master Budget Sales revenue $ 4,977,000 $ 4,980,000 Variable costs: Materials 1,485,000 285.000 1.494,000 348,600 Direct labor 675,300 486,000 647,400 498,000 $ 2.931,300 $ 2,045,700 $ 2.988,000 $ 1.992.000 Variable overhead Variable marketing and administrative Total variable costs Contribution margin Fixed costs: Manufacturing overhead Marketing Administrative Total fixed costs Operating profits 990.600 960.900 297,000 297,000 213,000 180,900 $ 1.500,600 $ 545,100 $ 1.438.800 $ 553,200