The master budget at Monroe Manufacturing last period called for sales of 42,600 units at $48 each. The costs were estimated to be $32 variable per unit and $530,000 fixed. During the period, actual production and actual sales were 45,600 units. The selling price was $47 per unit. Variable costs were $34 per unit. Actual fixed costs were $521,000. Required: Prepare a profit variance analysis. Note: Indicate the effect of each varlance by selecting "F* for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Sales revenue Less: Actual $ 2,143,200 1550400 Manufacturing Variances 91 200 Answer is not complete. Monroe Manufacturing Profit Variance Analysis Sales Price Variance $ 45,600 U O Flexible Budget Sales Activity Variance O Master Budget

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