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) $4,493,000 Master Budget (based on budgeted orders for 480,000 units) $4,320,000 1,680,000 1,680,000 225,000 288,000 579,800 528,000 397,500 408,000 $2,882,300 $2,904,000 $1,610, 700 $1,416,000 860,000 278,000 172,000 $1,310,000 888,800 278,000 192,000 $1,358,800 $ 251,900 $ 106,000