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) 4,973,000 Master Budget (based on budgeted orders for 480,000 units) 4,800,000 1,440,000 269,000 674,400 444,500 1,440,000 336,000 624,000 456,000 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 2,827,900 2,145, 100 2,856,000 1,944,000 $ $ 678,400 185,000 129,000 992,400 1,152,700 650,000 185,000 105,000 940,000 1,004,000 $ $ Required: Prepare a sales activity variance analysis for Osage, Inc. OSAGE, INC Sales Activity Variance Flexible Sales Activity Budget Variance Master Budget Sales revenue Variable costs Materials Direct labor Variable overhead Variable marketing and administrative Total variable costs Contribution margin Fixed costs Manufacturing overhead Marketing Administrative Total fixed costs Operating profits