Solved

Given Below Is a Portion of Swinging Tunes, Inc Which Statement Is True About the Manager's Overall Performance?
A)The

Question 93

Multiple Choice

Given below is a portion of Swinging Tunes, Inc.'s management performance report:  Budget  Actual Difference  Contribution margin $1,040,000$1,020,000$20,000 Controllable fixed costs 430,000420,00010,000\begin{array}{llll}&\underline{\text { Budget }}&\underline{\text { Actual }}&\underline{\text {Difference }}\\\text { Contribution margin } & \$ 1,040,000 & \$ 1,020,000 & \$ 20,000 \\\text { Controllable fixed costs } & 430,000 & 420,000 & 10,000\end{array}
Which statement is true about the manager's overall performance?


A) The manager's performance is above expectations.
B) The manager's performance is below expectations.
C) The manager was under budget on all controllable and uncontrollable amounts.
D) The manager's overall performance cannot be determined from information given.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents