The master budget at Cherrylawn Corporation at the beginning of the year was based on sales of $283,000$ units with reveriues of $$3,396,000.$ Total variable costs were budgeted at $$1,981,000$ and fixed costs at $$982,000.$ During the period, actual production and actual sales were $256,600$ units. The actual revenues were $$3,450,500.$ Actual variable costs were $$5\mathrm{.}70$ per unit. Actual fixed costs were $$1,012,000.$

Required:

Prepare a profit variance analysis.

Note: 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.

$\backslash$table$[[$Cherrylawn Corporation$],[$Profit Variance Analysis$],[,$Actual,$\backslash$table$[[$Manufacturing$],[$Variance$]],$Sales Price Variance,Flexible Budget,$\backslash$table$[[$Sales Activity$],[$Variance$]],$Master Budget$],[$Sales revenue,$$,3,450,500,,F,$U$,],[$Less:$],[$Variable costs,,$1,462,620,F,,,$F$,],[$Less:$],[$Fixed costs,,$1,012,000,$U$,,7,0,],[$Operating profits,$$,975,880,F,F,$$$,$U$,$$