Given Below Is an Excerpt from a Management Performance Report

Given below is an excerpt from a management performance report: $\begin{array}{llll}&\text { Budget }&\text { Actual }&\text { Difference }\\\text { Contribution margin } & \$ 600,000 & \$ 580,000 & \$ 20,000 \cup \\\text { Controllable fixed costs } & \$ 200,000 & \$ 220,000 & \$ 20,000 \cup\end{array}$ The manager's overall performance

A) is 10% above expectations.
B) is 10% below expectations.
C) is equal to expectations.
D) cannot be determined from the information provided.

Correct Answer:

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