Given Below Is an Excerpt from a Management Performance Report

question 123

Multiple Choice

Given below is an excerpt from a management performance report: $\begin{array}{llll}&\text { Budget } & \text { Actual } & \text {Difference }\\\text { Contribution margin } & \$ 1,000,000 & \$ 1,050,000 & \$ 50,000 \\\text { Controllable fixed costs } & \$ 500,000 & \$ 450,000 & \$ 50,000\end{array}$ The manager's overall performance

• A) is 20% below expectations.
• B) is 20% above expectations.
• C) is equal to expectations.
• D) cannot be determined from information given.

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