Osage Inc, manufactures and sells ms. The company produces only when receives orders and therefore, has no invertones The following information is available for the current month Actual based on chin orders for 450.000 units Master Budget (based on budgeted orders for 30.000 units Variable costs els Director Variable overhead Variable marketing and administrative Total varlato costs Contribution margin $278000 90.000 Mantova Marketing Ante Totaldo $12000 Required Prepare a cau s a notect do not selecteer beton 100 otround internate c o n indicate the effect of each varance by selecting for favori t or untavorable there is OSAGE, INC Proth Varlence Analysis Marketing and Manufacturing Administrative Variances Variances - Sales Price Variance Flexible Budget Sales Activity Variance Budget 968 000 5 4.800.000 Sales revenues Variable costs Direct labor 1 200 000 276,000 674 400 468.000 20583001 21096001 1.440.000 336.000 624.000 480 000 $ 2.800.000 $ 1920,000 Variable overhead Variable marketing and administrative Tesl variable costs Contribution margin Food costs Manufacturing overhead Marketing Administrative Tudo 988.800 2BB 000 204.000 1.480.000 628 300 960.000 200.000 180 000 $ 1428.000 $492.000 Operating profits