Find the values of the missing items. Assume that actual sales volume equals actual production volume....

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Find the values of the missing items. Assume that actual sales volume equals actual production volume. (There are no inventory level changes.) (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.) Reported Income Statement Manufacturing Administrative Marketing and Sales Price Variance Flexible Budget (based on actual sales volume) Sales Activity Variance (based on Variance Variance actual sales volume) Units 6,000 F Sales revenue 3,780 F Loss: Variable manufacturing costs 18,200 Variable marketing and administrative costs 8,900 10,660 2,460 U Contribution margin $ 1,980 U 23,140 Less: Fixed manufacturing costs 490 F Fixed marketing and administrative costs 6,300 3,900 Operating profit 5,800 $ 3,780 F $ $ Master Budget (based on budgeted saien volume) $ 20,000 40,000 14,000 $ 17,800 + Find the values of the missing items. Assume that actual sales volume equals actual production volume. (There are no inventory level changes.) (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.) Reported Income Statement Manufacturing Administrative Marketing and Sales Price Variance Flexible Budget (based on actual sales volume) Sales Activity Variance (based on Variance Variance actual sales volume) Units 6,000 F Sales revenue 3,780 F Loss: Variable manufacturing costs 18,200 Variable marketing and administrative costs 8,900 10,660 2,460 U Contribution margin $ 1,980 U 23,140 Less: Fixed manufacturing costs 490 F Fixed marketing and administrative costs 6,300 3,900 Operating profit 5,800 $ 3,780 F $ $ Master Budget (based on budgeted saien volume) $ 20,000 40,000 14,000 $ 17,800 +

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