Question: Question 1: Given below is an excerpt from a management performance report: Budget Actual Difference Contribution margin $600,000 $580,000 $20,000 U Controllable fixed costs $200,000
Question 1:
Given below is an excerpt from a management performance report:
|
| Budget |
| Actual |
| Difference |
| Contribution margin | $600,000 |
| $580,000 |
| $20,000 U |
| Controllable fixed costs | $200,000 |
| $220,000 |
| $20,000 U |
The manager's overall performance
A) Cannot be determined from the information privded.
B) Is equal to expectations.
C) Is 10% above expectations.
D) Is 10% below expectations.
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