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When Cline & Co. prepared their annual financial plan, they expected to realize contribution margin of $3,000,000 from the sale of their Type 1 system,

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When Cline & Co. prepared their annual financial plan, they expected to realize contribution margin of $3,000,000 from the sale of their Type 1 system, computed as follows: Budgeted Contribution Type of System Margin per System Sales Target Forecasted Total CM Type 1 $60,000 50 $3,000,000 Cline & Co. actually reported a contribution margin of $3,016,000, computed as follows: Actual Average Type of System Contribution Margin per System Actual Actual Total Numbers Sold CM Type 1 $58,000 52 $3,016,000 How much of the variation in contribution margin from standard can be attributed to the variation in sales quantity? (indicate if the variance is favorable or unfavorable)

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