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The master budget at Cherrylawn Corporation at the beginning of the year was based on sales of 2 7 7 , 5 0 0 units

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The master budget at Cherrylawn Corporation at the beginning of the year was based on sales of 277,500 units with revenues of $3,330,000. Total varlable costs were budgeted at $1,942,500 and fixed costs at $960,000. During the perlod, actual production and actual sales were 255,500 units. The actual revenues were $3,445,000. Actual varlable costs were $6.25 per unit. Actual fixed costs were $990,000.
Requlred:
Prepare a profit varlance analysis.
Note: Indicate the effect of each varlance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select elther option.
\table[[,Actual,\table[[Manufacturing],[Variances]],Sales Price Variance,Flexible Budget,\table[[Sales Activity],[Variance]],Master Budget ||
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