The results for July for Brahms & Sons follow:

	Actual (based on actual sales of 64,000 units)						Master Budget (based on budgeted sales 62,000 units)
Sales revenue		$	500,000					$	527,000
Less
Variable costs
Direct material			64,000						52,700
Direct labor			81,000						93,000
Variable overhead			88,000						93,000
Marketing			15,400						15,500
Administrative			14,100						15,500
Total variable costs		$	262,500					$	269,700
Contribution margin		$	237,500					$	257,300
Less
Fixed costs
Manufacturing			110,000						104,000
Marketing			23,500						15,500
Administrative			83,400						82,000
Total fixed costs		$	216,900					$	201,500
Operating profits		$	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.)

BRAHMS & SONS
Profit Variance Analysis
	Actual (64,000 units)	Manufacturing Variance		Marketing & Administration Variance		Sales Price Variance		Flexible Budget (units)	Sales Activity Variance		Master Budget (62,000 units)
Sales revenue	$500,000										$527,000
Variable costs:
Manufacturing
Direct material	64,000										52,700
Direct labor	81,000										93,000
Overhead	88,000										93,000
Marketing	15,400										15,500
Administration	14,100										15,500
Contribution margin	$237,500										$257,300
Fixed costs:
Manufacturing	110,000										104,000
Marketing	23,500										15,500
Administration	83,400										82,000
Operating profit	$20,600										$55,800