alock Contribution Margin Variance ter, Inc., produces and sells two types of countertop ovens-the toaster oven and the convection oven. Budgeted and actual data for the two models are shown belon Budgeted Amounts: Toaster Convection Oven Oven Total Sales: (598 x 27,000) $2,646,000 $2,790,000 $5,436,000 (5155 x 18,000) Variable expenses 450,000 780,000 1,230,000 Contribution margin $2,196,000 $2,010,000 $4,206,000 Actual Amounts Toaster Oven Convection Oven Total Sales (583 % 24,000) $1,992,000 (5159 X 12,500) $3,979,500 1,249,000 Variable expen 31,987.500 667,500 51.319.700 579,200 Contribution mag 51,412,800 52,732.500 Required Toaster Convection Oven Oven Total Sales: ($83 x 24,000) $1,992,000 ($159 X 12,500) $1,987,500 $3,979,500 Variable expenses 579,200 667,800 1,247,000 Contribution margin $1,412,800 $1,319,700 $2,732,500 Required: 1. Calculate the contribution margin variance. Unfavorable 2. What if actual units sold of the convection oven decreased? How would that affect the contribution margin variance? It would become more unfavorable or less favorable. What If actual units sold of the convection oven increased? How would that affect the contribution margin variance? It would become less unfavorable or more favorable