The results for July for Brahms & Sons follow: Actual (based on actual sales of 98,000...

The results for July for Brahms & Sons follow:

	Actual (based on actual sales of 98,000 units)			Master Budget (based on budgeted sales 96,000 units)
Sales revenue		$	650,000		$	816,000
Less
Variable costs
Direct material			98,000			81,600
Direct labor			98,000			144,000
Variable overhead			105,000			144,000
Marketing			20,800			24,000
Administrative			15,800			24,000
Total variable costs		$	337,600		$	417,600
Contribution margin		$	312,400		$	398,400
Less
Fixed costs
Manufacturing			138,100			138,000
Marketing			43,800			24,000
Administrative			102,100			99,000
Total fixed costs		$	284,000		$	261,000
Operating profits		$	28,400		$	137,400

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.)

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