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

Sales volume 63,360 units

Sales revenue $ 823,680

Variable costs Manufacturing 190,080

Marketing and administrative 38,550

Contribution margin $ 595,050

Fixed costs Manufacturing 371,500

Marketing and administrative 103,450

Operating profit $ 120,100

The company planned to produce and sell 72,000 units for $12.50 each. At that volume, the contribution margin would have been $648,000. 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 72,000 units. Management notes, We budget an operating profit of $2.50 per unit at the budgeted volume.

Required: Prepare a profit variance analysis.

Prepare a profit variance analysis. Note: 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 as a whole number. Prepare a profit variance analysis. Note: 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 as a whole number