Given Below Is an Excerpt from a Management Performance Report

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

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.

Correct Answer:

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