(See attached image)

1. What is the budgeted contribution margin for the year ended December 31, 2017?

(A)$945,000

(B)$955,000

(C)$960,000

(D)$980,000

2. What is the actual contribution margin for the year ended December 31, 2017?

(A)$1,065,000

(B)$1,070,000

(C)$1,075,000

(D)$1,080,000

3. What is the budgeted controllable margin for the year ended December 31, 2017?

(A)$720,000

(B)$725,000

(C)$730,000

(D)$735,000

4. What is actual controllable margin for the year ended December 31, 2017?

(A)$800,000

(B)$805,000

(C)$810,000

(D)$815,000

P24-4A Clarke Inc. operates the Patio Furniture Division as a profit center. Operating data for this division for the year ended December 31, 2017, are as shown below. Budget $2,500,000 Difference from Budget $50,000 F 1,300,000 200,000 41,000 F 3,000 U Sales Cost of goods sold Variable Controllable fixed Selling and administrative Variable Controllable fixed Noncontrollable fixed costs 220,000 50,000 70,000 6,000 U 2,000 U 4,000 U In addition, Clarke incurs $180,000 of indirect fixed costs that were budgeted at $175,000. Twenty percent (20%) of these costs are allocated to the Patio Furniture Division