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 453,000 units)						Master Budget (based on budgeted orders for 486,000 units)
Sales revenue		$	4,971,000					$	4,860,000
Less
Variable costs
Materials			1,455,000						1,458,000
Direct labor			279,000						340,200
Variable overhead			674,700						631,800
Variable marketing and administrative			474,000						486,000
Total variable costs		$	2,882,700					$	2,916,000
Contribution margin		$	2,088,300					$	1,944,000
Less
Fixed costs
Manufacturing overhead			989,400						960,300
Marketing			291,000						291,000
Administrative			207,000						180,300
Total fixed costs		$	1,487,400					$	1,431,600
Operating profits		$	600,900					$	512,400

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.)