Problem 8-18A Comprehensive Variance Analysis IL08-4, LO8-5, LO8-6] Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below Budgeted Actual Sales (3,000 pools) $250,000 $250,000 Variable expenses Variable cost of goods sold 53,430 67,000 Variable selling expenses Total variable expenses Contribution margin Fixed expenses 26,000 26,000 79,430 93,000 170,570 157,000 Manufacturing overhead Selling and administrative 67,000 67,000 92,000 92,000 159,000 159,000 $ 11 570 (2.000) Total fixed expenses Net operating income (loss) Contains direct materials, direct labor and variable manufacturing overhead