The following are the actual results for Bentler Associates for the most recent period:The following are the actual results for Bentler Associates for the most recent period:

The company planned to produce and sell $86,000$ units for $$12\mathrm{.}50$ each. At that volume, the contribution margin would have been

$$760,000.$ Variable marketing and administrative costs are budgeted at $5$ percent of sales revenue. Manufacturing fixed costs are

estimated at $$5$ per unit at the budgeted volume of $86,000$ units. Management notes, $"$We budget an operating profit of $$2\mathrm{.}50$ per unit

at the budgeted volume."

Requlred:

a$.$ Construct the master budget for the period.

b$.$ Prepare a profit variance analysis.

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Construct the master budget for the period.