Problem 18-28 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 OBJECTIVE 5 basic 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: Basic 2,000 Sales (rental units) Selling price Variable expenses Complete 400 $300 $240 $140 $85 Haysbert had budgeted the following amounts: Sales (units) Selling price Variable expenses Basic 1,950 $145 $90 Complete 460 $290 $242 1. Actual results: Sales Variable expense Contribution margin Basic 5.290.000 170.000 $ 110,000 Complete 120.000 98,000 24,000 Total 400,000 268,000 $ 134,000 Basic Budgeted results: Sales Variable expense Contribution margin Complete ........133.400 111,320 $ 22.090 Total S418.150 286,820 $ 129,330 175,500 $ 107 250 Actual contribution margin Budgeted contribution margin Contribution margin variance $ 134,000 WEER VEEL 129,330 4.670 2. Actual units Contribution margin volume variance Budgeted MCM 2,000 Budgeted units 1.950 480 + 400 TU 3. Budgeted Actual units 2.000 Budgeted units 1.950 Budgeted unit CM avg. CM Basic sales mix data Actual units 400 Budgeted Budgeted units 480 Budgeted uni: CM avg. CM Complete sales mix data Sales mix variance 408.64