The Company manufactures a product that is expected to incur 30 per unit in variable production costs and sell for 60 per unit. The sales commission is 10% of the sales price. Due to intense competition, actually sold 300 units for 50 per unit. The actual variable production costs incurred were 40.00 per unit. Calculate the total contribution margin and contribution margin ratio at the expected price/costs and the actual price/costs. How might management use this information? Question content area bottom Part 1 Complete the expected contribution margin by entering the appropriate amounts to calculate the total contribution margin and contribution margin ratio. (Enter the contribution margin ratio to two decimal place, X.XX%.)

Expected Contribution Margin

Net Sales Revenue

Variable Costs:

Production Costs

Sales Commission

Contribution Margin

Contribution Margin Ratio %