The master budget at Windsor, Inc , last period called for sales of 90,000 units at $36 each The costs were estimated to be $15 variable per unit and $900,000 fixed During the period, actual production and actual sales were 92,000 units The selling price was $36 45 per unit Variable costs were $17 70 per unit Actual fixed costs were $900,000 Required Prepare a profit variance (Input all amounts as positive values Leave no cells blank, be certain to insert 0 wherever required Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect (i e , zero variance) Omit the $ sign in your response ) Actual (92,000 Units) Manufacturing Variances Sales Price Variance Flexible Budget (92,000 Units) Activity Variance Master Budget (90,000 Units) Sales revenue $ $ (Click to select)NoneUF $ $ (Click to select)NoneUF $ Less Variable manufacturing costs (Click to select)NoneUF (Click to select)FNoneU Contribution margin $ $ (Click to select)UFNone $ (Click to select)UNoneF $ $ (Click to select)FNoneU $ Less Fixed manufacturing costs (Click to select)FNoneU Operating profits $ $ (Click to select)NoneUF $ (Click to select)NoneFU $ $ (Click to select)NoneFU $

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The master budget at Windsor, Inc , last period called for sales of 90,000 units at $36 each  The costs were estimated to be $15 variable per unit and $900,000 fixed  During the period, actual production and actual sales were 92,000 units  The selling price was $36 45 per unit  Variable costs were $17 70 per unit  Actual fixed costs were $900,000  Required  Prepare a profit variance  (Input all amounts as positive values  Leave no cells blank, be certain to insert  0  wherever required  Indicate the effect of each variance by selecting  F  for favorable,  U  for unfavorable, and  None  for no effect (i e , zero variance)  Omit the  $  sign in your response ) Actual (92,000 Units) Manufacturing Variances Sales Price Variance Flexible Budget (92,000 Units) Activity Variance Master Budget (90,000 Units) Sales revenue $ $ (Click to select)NoneUF $ $ (Click to select)NoneUF $ Less  Variable manufacturing costs (Click to select)NoneUF (Click to select)FNoneU Contribution margin $ $ (Click to select)UFNone $ (Click to select)UNoneF $ $ (Click to select)FNoneU $ Less  Fixed manufacturing costs (Click to select)FNoneU Operating profits $ $ (Click to select)NoneUF $ (Click to select)NoneFU $ $ (Click to select)NoneFU $

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The master budget at Windsor, Inc., last period called for sales of 90,000 units at $36 each. The costs were estimated to be $15 variable

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	Actual (92,000 Units)	Manufacturing Variances		Sales Price Variance		Flexible Budget (92,000 Units)	Activity Variance		Master Budget (90,000 Units)
Sales revenue	$			$	(Click to select)NoneUF	$	$	(Click to select)NoneUF	$
Less:
Variable manufacturing costs			(Click to select)NoneUF					(Click to select)FNoneU

Contribution margin	$	$	(Click to select)UFNone	$	(Click to select)UNoneF	$	$	(Click to select)FNoneU	$
Less:
Fixed manufacturing costs								(Click to select)FNoneU

Operating profits	$	$	(Click to select)NoneUF	$	(Click to select)NoneFU	$	$	(Click to select)NoneFU	$