(Solved): The following are the actual results for Bentler Associates for the most recent period: The compan ...

The following are the actual results for Bentler Associates for the most recent period: The company planned to produce and sell 90,000 units for \( \$ 12.50 \) each. At that volume, the contribution margin would have been \( \$ 792,000 \). Variable marketing and administrative costs are budgeted at 5 percent of sales revenue. Manufacturing fixed costs are estimated at \( \$ 5 \) per unit at the budgeted volume of 90.000 units. Management notes, "We budget an operating profit of \( \$ 2.50 \) per unit at the budgeted volume." Required: a. Construct the master budget for the period. b. Prepare a profit variance analysis. Complete this question by entering your answers in the tabs below. Required \( A \) Construct the master budget for the period. \begin{tabular}{|l|r|l|} \hline \multicolumn{3}{|c|}{ BENTLER ASSOCIATES } \\ \hline \multicolumn{3}{|c|}{ Master Budget } \\ \hline Sales volume & 90,000 & units \\ \hline Sales revenue & \( \$ 1,125,000 \) & \\ \hline Variable costs: & & \\ \hline Manufacturing & 276,750 & \\ \hline Marketing and administrative & 56,250 & \\ \hline Contribution margin & & \\ \hline Fixed costs: & & \\ \hline Manufacturing & 450,000 & \\ \hline Marketing and administrative & 117,000 & \\ \hline Sperating profit & & \\ \hline \end{tabular} Prepare a profit variance analysis. (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. Enter your final answers as a whole number.)