The results for July for Brahms & Sons follow:

	Actual (based on actual sales of 84,000 units)						Master Budget (based on budgeted sales 80,000 units)
Sales revenue		$	590,000					$	680,000
Less
Variable costs
Direct material			84,000						68,000
Direct labor			90,000						120,000
Variable overhead			97,000						120,000
Marketing			20,000						20,000
Administrative			15,000						20,000
Total variable costs		$	306,000					$	348,000
Contribution margin		$	284,000					$	332,000
Less
Fixed costs
Manufacturing			127,800						122,000
Marketing			28,700						20,000
Administrative			93,300						91,000
Total fixed costs		$	249,800					$	233,000
Operating profits		$	34,200					$	99,000

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.)

Required: Prapare 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.) Answer is not complete. BRAHMS&SONS Profit Variance Analysis Actual (84,000 units) Flexible Budget (units) Marketing & Sales Price Variance Sales Activity Variance Master Budget (80,000 units) Variance 124,000 OU $34,000 OF Sales revenue 590,000 5714,000 680,000 Variable costs: 12.600e U 3600F Direct material Direct labor Ovenead Marketing 84,000 90,000 97,000 20,000 15,000 $ 284,000 71,40| 3,400 u 6,000|U 100ou 68,000 120,000 12D,0D0 20,000 20,000 126,000 126,000| 21 6,000 1,000F 00F Contribution margin Fixed casts 5,800 122,0000 20,000 127,800 28,700 3.300 $ 34,200 122,000 2D,000 91,000 99,000 Marketing 2,300 91 Operating profit 46,60 OF S 4,0000|U 124,00,Olu