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Odessa, Inc., reports the following information concerning operations for the most recent month: Master Budge...

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Accounting

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Odessa, Inc., reports the following information concerning operations for the most recent month: Master Budge based on Actual (based on budgeted 600 actual of 540 units) units) $88,320 $96,000 Sales revenue Less Manufacturing costs 13,632 14,400 Direct labor 11,520 13,440 Materials Variable overhead 9,600 7,872 5,760 Marketing 5,088 4,800 4.800 Administrative $42,912 $48,000 Total variable costs $45,408 $48,000 Contribution margin Fixed costs 4,665 4,800 Manufacturing Marketing 9,984 9.600 9,561 Administrative 9,600 $24,210 Total fixed costs $24.000 $24,000 $21,198 Operating profits There are no inventories. Required: nc. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U pare a sales activity variance analysis for Odessa, for unfavorable. If there is no effect, do not select either option.)

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