The results for July for Brahms & Sons follow: Sales revenues Less Actual (based on actual sales of 59,400 units) $465,800 Master Budget (based on budgeted sales of 54,000 units) $615,000 Variable costs Direct material Direct labor Variable overhead Marketing 60,700 67,000 56,500 83,000 65,300 83,000 22,300 39,000 Administration 20,700 39,000 Total variable costs $225,500 $311,000 Contribution margin $240,300 $304,000 Less Fixed costs Manufacturing Marketing Administration Total fixed costs Operating profits 104,300 103,800 24,700 39,000 83,100 $212,100 99,000 $241,800 $ 28,200 $ 62,200