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

Question

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

Quizplus · Accepted Answer

The manager's performance is above expectations because both the contribution margin and controllable fixed costs are better than budgeted, resulting in a net positive difference.

Given Below Is an Excerpt from a Management Performance Report