Problem 16-51 Sales Activity Variance (LO 16-3) Odessa, Inc., reports the following information concerning operations for the most recent month: Actual (based on actual of 720 units) $ 112,360 Master Budget (based on budgeted 800 units) $120,000 Sales revenue Less Manufacturing costs Direct labor Materials Variable overhead Marketing Administrative Total variable costs Contribution margin Fixed costs Manufacturing Marketing Administrative Total fixed costs Operating profits 16,832 17,250 11,830 6,912 6.400 $ 59,224 $ 53,136 17,600 19,200 13,600 7,600 6.400 $ 64,400 $ 55,600 6,270 13,180 12,761 $ 32,211 $ 20,925 6,400 12,800 12,800 $ 32,000 $ 23,600 There are no inventories. Required: Prepare a sales activity variance analysis for Odessa, 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.) ODESSA, INC. Sales Activity Variance Flexible Budget (based on actual 720 units) Sales Activity Variance Master Budget (based on budgeted 800 Sales revenue S 120.000 Variable costs: Manufacturing costs: Direct labor Materials Variable overhead Marketing Administrative 17,600 19,200 13,600 7,600 6,400 64,400 55,800 Total variable costs P S Contribution margin | $ Fixed costs: Manufacturing | Marketing Administrative Total fixed costs Operating profits 8,400 12,800 12,800 32.000 23,600 S S