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Given Below Is an Excerpt from a Management Performance Report

Question 62

Multiple Choice

Given below is an excerpt from a management performance report: .  Budget  Actual Difference  Contribution margin $600,000$580,000$20,000U Controllable fixed costs $200,000$220,000$20,000U\begin{array}{llll}&\text { Budget } & \text { Actual } & \text {Difference }\\\text { Contribution margin } & \$ 600,000 & \$ 580,000 & \$ 20,000 \mathrm{U} \\\text { Controllable fixed costs } & \$ 200,000 & \$ 220,000 & \$ 20,000 \mathrm{U}\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.

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