The master budget at Western Company last period called for sales of 225,500 units at $9.50 each. The costs were estimated to be $3.80 variable per unit and $225,500 fixed. During the period, actual production and actual sales were 230,500 units. The selling price was $9.60 per unit. Variable costs were $5.00 per unit. Actual fixed costs were $225,500.

Required:

Prepare a profit variance analysis. (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.)