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The results for July for Brahms & Sons follow Actual (based on actual sales of 90,000 units) $610,000 Master Budget (based on budgeted sales 84,000 units) $714,000 Sales revenue Less Variable costs Direct material Direct labor Variable overhead Marketing Administrative Total variable costs Contribution margin Less Fixed costs Manufacturing Marketing Administrative Total fixed costs Operating profits 90.000 92,000 99,000 21,000 15,200 $317,200 $292,800 71,400 126.000 126,000 21,000 21,000 $365,400 $348,600 132,000 29,500 95.500 $257,000 $ 35,800 126.000 21,000 93.000 $240.000 $108,600 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.) BRAHMS & SONS Profit Variance Analysis Actual (90,000 units) Manufacturing Variance Marketing & Administration Variance Sales Price Variance Flexible Budget (units) Sales Activity Variance Master Budget (84,000 units) $ 714,000 $ 610,000 71,400 Sales revenue Variable costs: Manufacturing Direct material Direct labor Overhead Marketing Administration Contribution margin Fixed costs: Manufacturing Marketing Administration Operating profit 90,000 92,000 99,000 21,000 15,200 292,800 126,000 126,000 21,000 21,000 348,600 $ $ 132,000 29,500 95,500 35,800 126,000 21,000 93.000 108,600 $ $

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