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 468,000 units) 54,988.000 Master Budget (based on budgeted orders for 516,000 units) Sales revenue Less 160,000 Variable costs 1,530,000 294,000 676.200 504 D0O Materials Direct labor Variable overhead Variable marketing and administrative 1,548,000 361,200 670.800 516,000 $3,096,000 Total variable costs Contribution margin Less Fixed costs Manufacturing overhead Marketing Administrative 992.400 306,000 951,800 306,000 Total fixed costs Operating profits 5 461,400 5 614 400 Required: Prepare a profit 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.) Profit Variance Analysis Marketing and Administrative Sales Price Flexible Budget Sales Activity Variance Master Budget Actual Sales revenue S 4,986,000 S 5,160,000 Variable cosis Materials Direct labor Variable overhead Variable marketing and administrative 1,530,000 294.000 676,200 504,000 S 3,004,200 S 1,981,800 1,548,000 361,200 670.800 516,000 S 3,096,000 S 2,064,000 Total variable costs Contribution margin Fixed costs 992,400 306,000 222,000 S 1,520,400 S 461,400 961,800 306,000 181,800 S 1,449,600 S 614,400 Marketing Administrative Total fixed costs Operating profits