he following data for Romero Products Inc. are available:

1	For the Year Ended December 31	Actual	Planned	Difference Increase or (Decrease)
2	Sales	$9,120,000.00	$9,020,000.00	$100,000.00
3	Variable costs:
4	Variable cost of goods sold	$3,363,000.00	$3,136,500.00	$226,500.00
5	Variable selling and administrative expenses	703,000.00	840,500.00	(137,500.00)
6	Total variable costs	$4,066,000.00	$3,977,000.00	$89,000.00
7	Contribution margin	$5,054,000.00	$5,043,000.00	$11,000.00
8	Number of units sold	38,000.00	41,000.00
9	Per unit:
10	Sales price	$240.00	$220.00
11	Variable cost of goods sold	88.50	76.50
12	Variable selling and administrative expenses	18.50	20.50

Prepare a contribution margin analysis of the variable costs for Romero Products Inc. for the year ended December 31. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. A colon (:) will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Romero Products Inc. Contribution Margin Analysis-Variable Costs For the Year Ended December 31 1(Label) 5 (Label)