Given Below Is an Excerpt from a Management Performance Report

question 4

Multiple Choice

Given below is an excerpt from a management performance report for a profit centre: $$\begin{array} { l c c c } & \text { Budget } & \text { Actual } & \text { Difference } \\\text { Contribution margin } & \$ 600,000 & \$ 580,000 & \$ 20,000 \\\text { Controllable fixed costs } & \$ 200,000 & \$ 220,000 & \$ 20,000\end{array}$$ How well did the manager perform overall?

• A)$20,000 below expectations
• B)$40,000 below expectations
• C)equal to expectations
• D)The ROI needs to be known for a total assessment.

---

Definitions:

Authorized

Having official permission or approval to do something, especially in a legal or formal context.

Contract

A legally binding agreement between two or more parties that is enforceable by law.

Surveyed

The process of examining and recording the characteristics, boundaries, and features of a land area for construction, legal, or environmental purposes.

Delaminating

The process where layers of a composite material separate or split, often due to failure in bonding.