The following data for Romero Products Inc. are available:

For the Year Ended December 31	Actual	Planned	Increase or (Decrease)
Sales	$9,200,000	$9,030,000	$170,000
Less:
Variable cost of goods sold	$3,520,000	$3,268,000	$252,000
Variable selling and administrative expenses	740,000	881,500	(141,500)
Total variable costs	$4,260,000	$4,149,500	$110,500
Contribution margin	$4,940,000	$4,880,500	$59,500
Number of units sold	40,000	43,000
Per unit:
Sales price	$230	$210
Variable cost of goods sold	88.00	76.00
Variable selling and administrative expenses	18.50	20.50

Prepare a contribution analysis of the variable costs for Romero Products Inc. for the year ended December 31. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. A colon (:) will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign.