1. The difference between the planned and actual contribution margin can be caused by: a. an increase or decrease in the amount of sales b. an increase in the amount of variable costs and expenses c. a decrease in the amount of variable costs and expenses d. all of the above 2. Which of the following budgets allow for adjustments in activity levels? a. Static Budget b. Continuous budget c. Zero-based budget d. Flexible budget 3. For March, sales revenue is $1,000,000; sales commissions are 4% of the sales; the sales manager a. $214,100 b. $187,550 c. $194,100 d. $192,100 4. Consider the following budget information: materials to be used totals $64,750; DL totals $198,400; Factory OH totals $394,800; Work in Process inventory January 1, 2010, was expected to be $189,100; and Work in Progress inventory on December 31, 2010, is expected to be $197,600. What is the budgeted Cost of Goods Manufactured? a. $649,450 b. $657,950 c. $197,600 d. $1,044,650