Problem 17-38 Analyze Performance for a Restaurant (LO 17-5) Doug's Diner is planning to expand operations and is concerned that its reporting system might need improvement. The master budget income statement for the Downtown Doug's, which contains a delicatessen and restaurant operation, follows (in thousands) Sales revenue S6002,000 2,600 1.430 Hourly wages Franchise fee 150 Lease cost Total costs Operating profit $5251829S2354 S 246 S 75 The company uses the following performance report for management evaluation: DOWNTOWN DOUGS Net Income for the Year (5000) Actual Results Over- or (Under-) Budget Budgets $700$1,000S1.700$2,00S900) Actual Results Sales revenue 420 1,430 $(610) Hourly wages Franchise fee (84) 57 150 15 Lease cost Total costs Operating profit 9625 510183 52354 5011 57 $ 75 24 8 There is no sales price variance. Variable costs; all other costs are fixed. Prepare a profit variance analysis for the delicatessen segment. (Hint: Use sales revenue as your measure of volume.) (Indicate the effect of each variance by selecting "F" for favorable" or "U" for unfavorable. lf there is no effect, do not select either option. Do not round your intermediate calculations. Enter your answers in thousands of dollars.)