The master budget at Cherrylawn Corporation at the beginning of the year was based on sales of $279,000$ units with revenues of $$3,348,000.$ Total variable costs were budgeted at $$1,953,000$ and fixed costs at $$966,000.$ During the period, actual production and actual sales were $255,800$ units. The actual revenues were $$3,446,500.$ Actual variable costs were $$6\mathrm{.}10$ per unit. Actual fixed costs were $$996,000.$

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$],[$Variances$]],$Sales Price Variance,Flexible Budget,$\backslash$table$[[$Sales Activity$],[$Variance$]],$Master Budget$],[$Sales revenue,$],[$Less:$],[$Variable costs$],[$Contribution margin,$03,,,0,$r$,$$