Given Below Is an Excerpt from a Management Performance Report

Given below is an excerpt from a management performance report: $\begin{array}{llll}&\text { Budget}&\text { Actual}&\text { Difference }\\\text { Contribution margin } & \$ 1,000,000 & \$ 1,050,000 & \$ 50,000 \\\text { Controllable fixed costs } & \$ 500,000 & \$ 450,000 & \$ 50,000\end{array}$ The manager's overall performance

A) is 20% below expectations.
B) is 20% above expectations.
C) is equal to expectations.
D) cannot be determined from information given.