Contribution Margin Variance, Contribution Margin Volume Variance, Sales Mix Variance Haysbert Company provides management services for apartments and rental units. In general, Haysbert packages its services into two groups: basic and complete. The bas package includes advertising vacant units, showing potential renters through them, and collecting monthly rent and remitting it to the owner. The complete package adds maintenance of units and bookkeeping to the basic package. Packages are priced on a per-rental unit basis. Actual results from last year are as follows: Sales (rental units) 2,000 Selling price Variable expenses $85 Haysbert had budgeted the following amounts: Basic Complete 400 $300 $240 $140 Sales (rental units) 1,950 Selling price Variable expenses 90 Required 1. Calculate the contribution margin variance Basic Complete 460 $290 $242 $145 4,670 Favorable 2. Calculate the contribution margin volume variance. Round the budgeted average unit contribution margin to four decimal places. Round your final answer to the nearest cent. 850 X Unfavorable 3. Calculate the sales mix variance. Round the budgeted average unit contribution margin to four decimal places. Round your final answer to the nearest cent. 406.64Favorable Feedback Check My Work 1. Actual contribution margin versus expected contribution 2. Actual quantity sold and the budgeted average unit contribution margin are factors in the necessary calculation