profit variance analysis.

Homework Help - Q&A from ( x * 15217343 (1142x388) * * 15217340 (470x389) * * 15217405 (787*457) Bb Announcements - Cost Acco X Connect X + X C A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252 Fnewconnect.mheducation.com%252F#/activity/question-group/kEZAS.. Q G HW11 - CH 16 @ Saved Help Save & Exit Submit Check my work 5 Direct materials 748 Direct labor 1, 010 variable overhead 930 Total variable costs $2, 688 Contribution margin $4, 550 1.7 Less fixed costs points Fixed manufacturing overhead 1, 050 Non-manufacturing costs 1, 230 Total fixed costs $2, 280 Operating profit $2, 270 :Book Required: Prepare a profit variance analysis. (Enter your answers in thousands of dollars. Indicate the effect of each variance by selecting "F" Print for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) PAYNESVILLE CORPORATION References Profit Variance Analysis Actual Manufacturing Non-Manufacturing Sales Price Flexible Sales Activity Master Variances Variances Variance Budget Variance Budget Sales revenue $ 7,238 Materials 748 Direct labor 1,010 Variable overhead 930 Total variable costs $ 2,688 of Contribution margin $ 4,550 of Fixed costs: Manufacturing 1,050 Non-manufacturing 1,230 Total fixed costs $ 2,280 Operating profits $ 2,270 Graw M + 3:07