The master budget at Western Company last period called for sales of 225,200 units at $9.2 each. The costs were estimated to be $3.77 variable per unit and $225,200 fixed. During the period, actual production and actual sales were 230,200 units. The selling price was $9.30 per unit. Variable costs were $4.70 per unit. Actual fixed costs were $225,200.

Required:

Prepare a profit variance analysis.

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:
Fixed costs
Operating profits