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: 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 Actual (based on actual orders for 450,000 units) $4,972,000 Master Budget (based on budgeted orders for 480,000 units) $4,800,000 1,440,000 1,440,000 250,000 312,000 530,100 480,000 444,000 456,000 $2,664,100 $2,688,000 $2,307,900 $2,112,000 578,900 170,000 550,000 170,000 133,500 112,500 $ 882,400 $1,425,500 $ 832,500 $1,279,500 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.) 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.) 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 OSAGE, INC. Sales Activity Variance Flexible Budget Sales Activity Master Budget Variance $ 0 $ 0 0 0 $ 0 $ 0 $ 0 $ 0