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. Enter your final answers as a whole number.)

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. Enter your final answers as a whole number.)

Odessa, Inc., reports the following information concerning operations for the most recent month: Actual (based on actual of 585 units) $102,820 Master Budget (based on budgeted 650 units) $110,500 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 12,232 13,700 8,660 5,505 5,200 $ 45,297 $ 57,523 13,000 15,600 10,400 6,175 5,200 $ 50,375 $ 60,125 5,055 10,788 10,361 $ 26, 204 $ 31,319 5,200 10,400 10,400 $ 26,000 $ 34, 125 There are no inventories. Sales Activity Variance Flexible Budget (based on actual of Sales Activity Variance 585 units) Master Budget (based on budgeted 650 units) $ 110,500 Sales revenue Variable costs: Manufacturing costs: Direct labor Materials Variable overhead Marketing Administrative Total variable costs Contribution margin Fixed costs: Manufacturing Marketing Administrative Total fixed costs Operating profits. 13,000 15,600 10,400 6,175 5,200 50,375 60,125 $ 5,200 10,400 10,400 26,000 34,125 $ $ Odessa, Inc., reports the following information concerning operations for the most recent month: Actual (based on actual of 675 units) $112,370 Master Budget (based on budgeted 750 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 17,250 16,050 10,930 6,512 6,750 $ 57,492 $ 54,878 18,000 18,000 12,750 7,200 6,750 $ 62,700 $ 57,300 5,850 12,380 11,957 $ 30,187 $ 24,691 6,000 12,000 12,000 $ 30,000 $ 27,300 There are no inventories. Sales Activity Variance Flexible Budget (based on actual Sales Activity Variance of 675 units) Master Budget (based on budgeted 750 units) $ 120,000 Sales revenue Variable costs: Manufacturing costs: Direct labor Materials Variable overhead Marketing Administrative Total variable costs Contribution margin Fixed costs: Manufacturing Marketing Administrative Total fixed costs Operating profits 18,000 18,000 12,750 7,200 6,750 62,700 57,300 $ $ 6,000 12,000 12,000 30,000 27,300 $ $