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Listed below is the budget and actual results. What is the contribution margin variance? Static Budget Actual Units sold 300 310 Sales $6,000 $6,200 Variable
Listed below is the budget and actual results. What is the contribution margin variance?
| Static Budget |
| Actual |
Units sold | 300 |
| 310 |
Sales | $6,000 |
| $6,200 |
Variable expenses | $3,800 |
| $3,900 |
Contribution margin | $2,200 |
| $2,300 |
Fixed expenses | $700 |
| $680 |
Operating income | $1,500 |
| $1,620 |
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