The results for March for Savery Parts follow:

	Actual (based on actual sales of 14,700 units)	Master Budget (based on budgeted sales of 17,500 units)
Sales revenues	$ 263,865	$ 318,500
Less
Variable costs
Direct material	51,520	63,100
Direct labor	44,102	52,300
Variable overhead	34,103	41,200
Marketing	12,204	13,100
Administration	18,191	21,400
Total variable costs	$ 160,120	$ 191,100
Contribution margin	$ 103,745	$ 127,400
Less
Fixed costs
Manufacturing	36,460	33,000
Marketing	16,802	15,000
Administration	24,506	27,000
Total fixed costs	$ 77,768	$ 75,000
Operating profits	$ 25,977	$ 52,400

Required:

Prepare a profit variance analysis for Savery Parts for March.

Note: 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.