The master budget at Monroe Manufacturing last period called for sales of 43,100 units at $53 each. The costs were estimated to be $37 variable per unit and $535,000 fixed. During the period, actual production and actual sales were 46,100 units. The selling price was $52 per unit. Variable costs were $39 per unit. Actual fixed costs were $526,000. 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. Answer is not complete. Monroe Manufacturing Profit Variance Analysis Actual Manufacturing Variances Sales Price Variance Sales revenue $ 2,397,200 Flexible Budget Sales Activity Variance Master Budget U $ 2,443,300 $159,000 F $ 2,284,300 Less: Variable costs 1,797,900 Contribution margin $ 599,300 Less: Fixed costs 526,000 9,000 Operating profits $ 73,300 U 1,705,700 U U $ 737,600 111,000 $ 48,000 F U 1,594,700 $ 689,600 LL 535,000 535,000 U U $ 202,600 $ 48,000 F $ 154,600