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PAYNESVILLE CORPORATION Profit Variance Analysis Manufacturing Actual Variances Sales revenue $ 7,238 Materials 748 Direct labor 1,010 Variable overhead 930 Total variable costs $

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PAYNESVILLE CORPORATION Profit Variance Analysis Manufacturing Actual Variances Sales revenue $ 7,238 Materials 748 Direct labor 1,010 Variable overhead 930 Total variable costs $ 2,688 Contribution margin $ 4,550 Fixed costs: Manufacturing Non-manufacturing 1,050 1,230 Total fixed costs $ 2,280 Operating profits $ 2,270 Non-Manufacturing Sales Price Flexible Variances Variance Budget

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