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 454,000 units) $4,972,000 Master Budget (based on budgeted orders for 488,000 units) $4,880,000 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 674,800 1,460,000 280,000 1,464,000 341,600 634,400 476,000 488,000 $2,890,800 $2,928,000 $2,081,200 $1,952,000 989,600 292,000 960,400 292,000 208,000 $1,489,600 180,400 $1,432,800 $ 591,600 $ 519,200 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.) Manufacturing Actual Variances OSAGE, INC. Profit Variance Analysis Marketing and Administrative Variances Flexible Sales Price Variance Sales Budget