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The master budget at Cherrylawn Corporation at the beginning of the year was based on sales of 284.500 units with revenues of $3,414,000. Total varlable

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The master budget at Cherrylawn Corporation at the beginning of the year was based on sales of 284.500 units with revenues of $3,414,000. Total varlable costs were budgeted at $1,991,500 and fixed costs at $988,000. During the period, actual production and actual sales were 256,900 units. The actual revenues were $3,452,000. Actual variable costs were $5.55 per unit. Actual fixed costs were $1,018,000 Required: Prepare a profit varlance 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

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