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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

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 $ 4,968,000 $ 4,800,000
Less
Variable costs
Materials 1,440,000 1,440,000
Direct labor 276,000 336,000
Variable overhead 674,400 624,000
Variable marketing and administrative 468,000 480,000
Total variable costs $ 2,858,400 $ 2,880,000
Contribution margin $ 2,109,600 $ 1,920,000
Less
Fixed costs
Manufacturing overhead 988,800 960,000
Marketing 288,000 288,000
Administrative 204,000 180,000
Total fixed costs $ 1,480,800 $ 1,428,000
Operating profits $ 628,800 $ 492,000

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.)

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