Income Contribution Margin Analysis Contribution Margin Data Choose Contribution margin analysis focuses on explaining the differences between planned and actual contribution margins, consi For planning and control purposes, managers often compare planned and actual contribution margin, Variable costing is used as a ba After reviewing the data on the Contribution Margin Data panel, complete the following contribution margin analysis. For thos Requ Examine the following contribution margin data, and then complete the Contribution Margin Analysis panel. Often Saxon, Inc Saxon, Inc. Costi Contribution Margin Analysis For the Year Ended December 31 Contribution Margin Data Schedule Used $574,000.00 Actual Elund Planned Sales $1,125,000 $1,190,000 $170,000.00 Variable cost of goods sold $420,000 $462,000 (80.000.00) Variable selling and administrative expenses 195 000 154,000 900,000.00 Total S615.000 $616,000 1 Planned contribution margin 2 Effect of changes in sales: Sales quantity factor + Unit price factor 5 Total effect of changes in sales 6 Effect of changes in variable cost of goods sold: 7 Variable cost quantity factor 8 Unit cost factor 9 Total effect of changes in variable cost of goods sold 10 Effect of changes in selling and administrative expenses 11 Variable cost quantity factor 12 Unit cost factor Contribution margin 5510.000 $574,000 $66.000.00 Number of units sold 15,000 14.000 (48.000.00) (18.000.00) Per unit: Sales price $75.00 $85.00 $22.000.00 Variable cost of goods sold 28.00 33.00 32,000.00 Variable selling and administrative expenses 13.00 11.00 Total effect of changes in selling and administrative expenses 54.000.00 14 Actual contribution margin $510,000.00