Question: Problem 16-52 (Algo) Find Missing Data for Profit Variance Analysis (LO 16-4) Find the values of the missing items. Assume that the actual sales volume

 Problem 16-52 (Algo) Find Missing Data for Profit Variance Analysis (LO

Problem 16-52 (Algo) Find Missing Data for Profit Variance Analysis (LO 16-4) Find the values of the missing items. Assume that the 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 Marketing and Flexible Master Income Manufacturing Budget Sales Activity Budget Statement Variance Administrative Sales Price Variance Variance (2,700 (2,600 units) Variance (2,600 units units) Sales revenue $ 135,200 $ 143,000 Variable manufacturing costs $ 3,640 F 1,480 F Variable marketing and administrative 16,200 costs Contribution margin $ 87,960

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