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 Income Statement (2,400 units)	Manufacturing Variance		Marketing and Administrative Variance		Sales Price Variance		Flexible Budget (2,400 units)	Sales Activity Variance		Master Budget (2,500 units)
Sales revenue	$122,400							$129,600
Variable manufacturing costs		$3,360	F						1,460	F
Variable marketing and administrative costs											15,000
Contribution margin	$78,520