The results for July for Brahms & Sons follow: Sales revenues Less Variable costs Direct material Direct labor Variable overhead Marketing Administration Total variable costs Contribution margin Less Fixed costs Manufacturing Marketing Administration Total fixed costs Operating profits Sales revenues Variable costs: Direct material Direct labor Variable overhead Marketing Administration Contribution margin Fixed costs: Manufacturing Marketing Administration Actual (based on Master Budget (based on budgeted sales actual sales of 58,800 units) of 56,000 units) $462,000 $480,000 Operating profits 58,800 54,600 63,400 20,400 18,800 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.) 58,800 54,600 63,400 20,400 18,800 $ 246,000 $216,000 $246,000 102,400 22,800 81,200 $ 39,600 102,400 22,800 81,200 $206,400 $ 39,600 48,000 64,000 64,000 Actual (58,800 Manufacturing Variance Units) $ 462,000 20,000 20,000 $216,000 $264,000 100,000 20,000 80,000 $200,000 $ 64,000 BRAHMS & SONS Profit Variance Analysis Marketing & Administration Variance Sales Price Variance Flexible Budget (Units) Sales Activity Variance Master Budget (56,000 Units) $ 480,000 $ $ 48.000 64,000 64,000 20,000 20,000 264,000 100,000 20,000 80,000 64,000