The results for July for Brahms & Sons follow: Actual (based on actual sales of 64,800 units) $479,000 Master Budget (based on budgeted sales of 54,000 units) $490,000 Sales revenues Less Variable costs Direct material Direct labor 59,700 49,000 48,700 58,000 Variable overhead 57,150 58,000 Marketing 22,450 22,000 Administration 21,000 22,000 Total variable costs $209,000 $209,000 Contribution margin $270,000 $281,000 Less Fixed costs Manufacturing Marketing Administration Total fixed costs Operating profits. 99,300 19,200 97,200 16,200 82,400 $200,900 $ 69,100 $ 81,000 $194,400 $ 86,600