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The master budget at Monroe Manufacturing last period called for sales of 42,600 units at $48 each. The costs were estimated to be $32 variable

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The master budget at Monroe Manufacturing last period called for sales of 42,600 units at $48 each. The costs were estimated to be $32 variable per unit and $530,000 fixed. During the period, actual production and actual sales were 45,600 units. The selling price was $47 per unit. Variable costs were $34 per unit. Actual fixed costs were $521,000. Requlred: Prepare a profit variance 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

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