The responsibility report for the augusta division shows budgeted contribution margin of $2,000,000 and budgeted controllable fixed costs of $1,000,000. actual contribution margin for the division was $2,100,000 and actual controllable fixed costs were $900,000. the manager's overall performance
a : is equal to expectations.
b : is 20% below expectations.
c : cannot be determined based on the information provided.
d : is 20% above expectations.

D) is 20% above expectations.

Explanation:

The Augusta Division was supposed to earn a net profit of $1,000,000 (= $2,000,000 - $1,000,000). Since the division's manager and his/her team were able to cut reduce fixed costs to $900,000 and increase contribution margin to $2,100,000 (either by increasing selling price or reducing variable costs), then the division earned a net profit of $1,200,000 (= $2,100,000 - $900,000). This net profit is 20% higher than expected, therefore the manager's (and his/her team's) overall performance was 20% above expectations.

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number