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The master budget at Monroe Manufacturing last period called for sales of 42,700 units at...

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Accounting

The master budget at Monroe Manufacturing last period called for sales of 42,700 units at $49 each. The costs were estimated to be $33 variable per unit and $531,000 fixed. During the period, actual production and actual sales were 45,700 units. The selling price was $48 per unit. Variable costs were $35 per unit. Actual fixed costs were $522,000.
Required:
Prepare a profit variance analysis.
Note: 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.
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