The results for July for Brahms & Sons follow: Actual (based on actual sales of 100,000 units) $640,000 Master Budget (based on budgeted sales of 90,000 units) $765,000 Sales revenues Less Variable costs Direct material Direct labor Variable overhead Marketing Administration Total variable costs Contribution margin Less Fixed costs Manufacturing Marketing Administration Total fixed costs Operating profits 100,000 95,000 102,000 18,400 15,500 $330,900 $309,100 76,500 135,000 135,000 22,500 22,500 $391,500 $373,500 138,300 42,000 98,800 $279,100 $ 30,000 132,000 22,500 96,000 $250,500 $123 300 Required: Prepare a profit variance analysis for Brahms & Sons. (Do not round intermedia by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, don BRAHMS & SONS Profit Variance Analy Actual (100,000 units) Manufacturing Variance Marketing & Administration Variance Sai Sales revenues $ 640,000 Variable costs: Direct material 100,000 Direct labor 95,000 Total fixed costs Operating profits $279,100 $ 30,000 $250, 500 $123,000 Required: Prepare a profit variance analysis for Brahms & Sons. (Do not round intermediate calculations. 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.) BRAHMS & SONS Profit Variance Analysis Actual (100,000 units) Manufacturing Variance Marketing & Administration Variance Sales Price Variance Flexible Budget (units) Sales Activity Variance Master Budget (90,000 units) Sales revenues $ 640,000 Variable costs: $ 765,000 Direct material 100,000 Direct labor 95,000 102,000 76,500 135,000 135,000 18,400 15,500 Variable overhead Marketing Administration Contribution margin Fixed costs: Manufacturing Marketing 22,500 22,500 373,500 $ 309,100 $ 138,300 132,000 42,000 98,800 22,500 Administration 96,000 Operating profits $ 30,000 $ 0 $ 123,000