Osage, Inc., manufactures and sells lamps. The company produces only when it receives orders and, therefore, has no inventories. The following information is available for the current month:

	Actual (based on actual orders for 452,000 units)						Master Budget (based on budgeted orders for 484,000 units)
Sales revenue		$	4,970,000					$	4,840,000
Less
Variable costs
Materials			1,450,000						1,452,000
Direct labor			278,000						338,800
Variable overhead			674,600						629,200
Variable marketing and administrative			472,000						484,000
Total variable costs		$	2,874,600					$	2,904,000
Contribution margin		$	2,095,400					$	1,936,000
Less
Fixed costs
Manufacturing overhead			989,200						960,200
Marketing			290,000						288,200
Administrative			206,000						180,200
Total fixed costs		$	1,485,200					$	1,428,600
Operating profits		$	610,200					$	507,400

Required:

Prepare a profit variance analysis for Osage, Inc., (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.)