The master budget at Monroe Manufacturing last period called for sales of $43,000$ units at $$52$ each. The costs were estimated to be $$36$ variable per unit and $$534,000$ fixed. During the period, actual production and actual sales were $46,000$ units. The selling price was $$51$ per unit. Variable costs were $$38$ per unit. Actual fixed costs were $$525,000.$

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$[[$Monroe Manufacturing$],[$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,,,,,,$