The following information is available for Brownstone Products Company for the month of July:

	Actual			Master Budget
Units		3,900			4,000
Sales revenue	$	60,400		$	60,000
Variable manufacturing costs		20,400			16,000
Fixed manufacturing costs		14,200			13,300
Variable selling and administrative expenses		9,100			8,000
Fixed selling and administrative expenses		10,500			10,200

Required:

1. What was the total operating income variance for July? (Note: this variance is also called the master (static) budget variance for the period.) Was this variance favorable (F) or unfavorable (U)? EXACT ANSWER