nting - 2 x Question 1 - Ch16 homework - C X + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252Fmheproducts... [ * nt Email & Log In ework i Saved Help Save & Exit Su Check my w Required: Prepare a profit variance analysis for Osage, Inc. (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.) OSAGE, INC. Profit Variance Analysis Manufacturing Marketing and Master Actual Variances Administrative Sales Price Variance Flexible Variances Budget Sales Activity Variance Budget Sales revenue $ 4,986,000 $ 5,160,000 Variable costs Materials 1,530,000 ,548,000 Direct labor 294,000 361,200 Variable overhead 676,200 670,800 Variable marketing and administrative 504,000 516,000 Total variable costs $ 3,004,200 $ 3,096,000 Contribution margin $ 1,981,800 $ 2,064,000 Fixed costs Manufacturing overhead 992,400 961,800 Marketing 306,000 306,000 Administrative 222,000 181,800 Total fixed costs $ 1,520,400 $ 1,449,600 Operating profits 461,400 $ Prev 1 of 6 Next > a X P w S