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.)

OSAGE, INC.
Sales Activity Variance
	Flexible Budget	Sales Activity Variance		Master Budget
Sales revenue
Variable costs:
Materials
Direct labor
Variable overhead
Variable marketing and administrative
Total variable costs	$0			$0
Contribution margin	$0			$0
Fixed costs:
Manufacturing overhead
Marketing
Administrative
Total fixed costs	$0			$0
Operating profits