The results for July for Brahms & Sons follow: Actual (based on actual sales of 64,000 units) $500,000 Master Budget (based on budgeted sales of 62,000 units) $527,000 Sales revenues Less Variable costs Direct material Direct labor 64,000 52,700 81,000 93,000 Variable overhead 88,000 93,000 Marketing 15,400 15,500 Administration 14,100 15,500 Total variable costs $262,500 $269,700 Contribution margin $237,500 $257,300 Less Fixed costs Manufacturing Marketing Administration Total fixed costs Operating profits 110,000 23,500 83,400 $216,900 104,000 15,500 82,000 $201,500 $ 20,600 $ 55,800 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.) Sales revenues Variable costs: BRAHMS & SONS Profit Variance Analysis Actual (64,000 units) Manufacturing Variance Marketing & Administration Sales Price Variance Variance Flexible Budget (units) Master Sales Activity Variance Budget (62,000 units) $ 500,000 $ 527,000 Direct material 64,000 Direct labor 81,000 Variable overhead 88,000 Marketing 15,400 Administration 14,100 Contribution margin $ 237,500 Fixed costs: Manufacturing 110,000 Marketing Administration 23,500 83,400 Operating profits $ 20,600 52,700 93,000 93,000 15,500 15,500 $ 257,300 104,000 15,500 82,000 $ 55,800