The master budget at Western Company last period called for sales of 225,000 units at $9 each. The costs were estimated to be $3.75 ariable per unit and $225,000 fixed. During the period, actual production and actual sales were 230,000 units. The selling price was 59.10 per unit. Variable costs were $4.50 per unit. Actual fixed costs were $225,000 Required: Prepare a profit variance analysis (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there s no effect, do not select either option.) WESTERN COMPANY Profit Variance Analysis Actual Budget Manufacturing Variances Sales Price Variance Flexible Budget Sales Activity Variance Master Budget Sales revenue Less Variable costs Contribution margin Less $ 2,070,000 $45,000 $ 2,025,000 $ 0 $ 862,500 18,750 U 1,207,500 $ 26,250 F 843,750 $ 1,181,250 225,000 225,000 Fixed costs Operating profits $ 982,500 $26,250 F $ 956,250 $ 10