For planning and control purposes, managers often compare planned and actual contribution margin. Variable costing is used as a basis for such analyses. Examine the following contribution margin data, and then complete the Contribution Margin Analysis panel. Saxon, Inc. Contribution Margin Data Schedule ActualPlanned Sales Variable cost of goods sold Variable selling and administrative expenses $1,125,000 $1,190,000 S450,000 $462,000 210,000 154,000 Total Contribution margin Number of units sold $660,000 $616,000 $465,000 $574,000 5,000 14,000 Per unit: Sales price Variable cost of goods sold Variable selling and administrative expenses $75.00 30.00 14.00 $85.00 33.00 11.00 Score: 0/44 Saxon, Inc. Contribution Margin Analysis For the Year Ended December 31 $10,000.00 1 Planned contribution margin 2Effect of changes in sales: 3 Sales quantity factor 4 Unit price factor 5Total effect of changes in sales 6 Effect of changes in variable cost of goods sold: 7 Variable cost quantity factor 8 Unit cost factor 9 Total effect of changes in variable cost of goods sold 10 Effect of changes in selling and administrative expenses: 11 Variable cost quantity factor 12 Unit cost factor 13 Total effect of changes in selling and administrative expenses 14 Actual contribution margin $1,125,000.00 1,125,000.00 420,000.00