The master budget at Western Company last period called for sales of 226,100 units at $10.10 each. The costs were estimated to be $3.86 variable per unit and $226,100 fixed. During the period, actual production and actual sales were 231,100 unit. The selling price was $10.20 per unit. Variable costs were $5.60 per unit. Actual fixed costs were $226,100.

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.)

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