Problem 16-53 (Static) Find Data for Profit Variance Analysis (LO 16-4) 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 "Ufor unfavorable. If there is no effect, do not select elther option.) Reported Income Statement Manufacturing (based on Variance actual sales volume) Flexible Marketing and Budget Administrative Sales Price Variance based on Variance actual sales volume) Sales Activity Variance Master Budget (based on budgeted sales volume) 4000F 20.000 30 000 $ 3,600F $ 16,000 Units Sales revenue Less Variable manufacturing costs Variable marketing and administrative costs Contribution margin Less Fixed manufacturing costs Fored marketing and administrative costs Operating profil 4.320 19 200 4.800 12000 300U $ 1.8000 $ 5 10,000 400 F 3,600 3.000 4.000 3,600 $ Problem 16-53 (Static) Find Data for Profit Variance Analysis (LO 16-4) 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 "Ufor unfavorable. If there is no effect, do not select elther option.) Reported Income Statement Manufacturing (based on Variance actual sales volume) Flexible Marketing and Budget Administrative Sales Price Variance based on Variance actual sales volume) Sales Activity Variance Master Budget (based on budgeted sales volume) 4000F 20.000 30 000 $ 3,600F $ 16,000 Units Sales revenue Less Variable manufacturing costs Variable marketing and administrative costs Contribution margin Less Fixed manufacturing costs Fored marketing and administrative costs Operating profil 4.320 19 200 4.800 12000 300U $ 1.8000 $ 5 10,000 400 F 3,600 3.000 4.000 3,600 $