Problem 18.31 Contribution Margin Variance, Contribution Margin Volume Variance, Sales Mix Variance Haysbert Company provides management services for apartments and rental units. In general, Haysbert packages its services into two groups: basic and complete. The basic package includes advertising vacant units, showing potential renters through them, and collecting monthly rent and remitting it to the owner. The complete package adds maintenance of units and bookkeeping to the basic package. Packages are priced on a per-rental unit basis. Actual results from last year are as follows: Basic Complete Sales (rental units 2,000 400 Selling price $140 $300 $85 Variable expenses $240 Haysbert had budgeted the following amounts: Basic Complete Sales (units) ,950 460 Selling price $145 $290 $90 Variable expenses $242 Required: 1. Calculate the contribution margin variance 84670 Favorable 2. Calculate the contribution margin volume variance. Round the budgeted average unit contribution margin to four decimal places. Round your final answer to the nearest cent. 1030 Unfavorable 3. Calculate the sales mix variance. Round the budgeted average unit contribution margin to four decimal places. Round your final answer to the nearest cent. 5700 Unfavorable