The results for July for Brahms & Sons follow: Actual (based on actual sales of 102,000 units) $630,000 Master Budget (based on budgeted sales of 92,000 units) $782,000 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 102,000 96,000 103,000 20,000 15,600 $336,600 $293,400 78,200 138,000 138,000 23,000 23,000 $400,200 $381,800 140,400 40,000 99,900 $280, 300 $ 13,100 134,000 23,000 97,000 $ 254,000 $ 127,800 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.) 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 (102,000 units) Manufacturing Variance Marketing & Administration Variance Sales Price Variance Flexible Budget (units) Sales Activity Variance Master Budget (92,000 units) Sales revenues $ 630,000 $ 782,000 Variable costs: Direct material 102,000 78,200 Direct labor 96,000 138,000 Variable overhead 103,000 20,000 138,000 23,000 Marketing 15,600 23,000 $ 293,400 $ 0 $ 381,800 Administration Contribution margin Fixed costs: Manufacturing Marketing Administration 140,400 134.000 40,000 23,000 99,900 97,000 Operating profits $ 13,100 $ 01 $ 127,800