Calculate following amount
Operating data | Women's shoes | Men's shoes | Children's shoes |
Contribution margin | 312120 | 150280 | 208080 |
Controllable fixed cost | 115600 | 46240 | 98260 |
Controllable margin | 196520 | 104040 | 109820 |
Sales | 693600 | 520200 | 497080 |
Variable cost | 381480 | 369920 | 289000 |
Women;s Shoe Division
Responsibility report
For the month ended June 30,2020
Budget | actual | Favorable/Unfavorable/Neither favorable nor unfavorable | |
Sales | 693600 | 693600 | Neither favorable nor unfavorable |
Variable cost | 381480 | 387260 | 5780 Unfavorable |
Contribution margin | 312120 | 306340 | 5780 Unfavorable |
Controllable fixed cost | 115600 | 115600 | Neither favorable nor unfavorable |
Controllable margin | 196520 | 190740 | 5780 Unfavorable |
Exercise 10-15 (Video) Horatio Inc. has three divisions which are operated as profit centers. Actual operating...
Exercise 10-15 (Video) Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows. Compute the missing amounts. Operating Data Women's Shoes Men's Shoes Children's Shoes Contribution margin $271,620 (3) $181,080 Controllable fixed costs 100,600 (5) Controllable margin (1) 90,540 95,570 Sales 603,600 452,700 (6) Variable costs Variable costs (2) 321,920 251,500 Prepare a responsibility report for the Women's Shoes Division assuming (1) the data are for the month...
Exercise 10-15 (Video) Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows. Compute the missing amounts. Operating Data Women's Shoes Men's Shoes Children's Shoes Contribution margin $337,500 162500 (3) $225,000 Controllable fixed costs 125,000 50000 (4) 106250 (5) Controllable margin 212500 (1) 112,500 118,750 Sales 750,000 562,500 537500 (6) Variable costs 412500 (2) 400,000 312,500 Prepare a responsibility report for the Women's Shoes Division assuming (1) the...
Exercise 10-15 Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows: Compute the missing amounts. Women's Shoes $281,880 104,400 Men's Shoes Children's Shoes Operating Data Contribution margin Controllable fixed costs Controllable margin Sales Variable costs (3) $187,920 99,180 93,960 626,400 469,800 334,080 261,000 Prepare a responsibility report for the Women's Shoes Division assuming (1) the data are for the month ended June 30, 2017, and (2) all...
Exercise 10-15 (Video) Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows. Compute the missing amounts. Operating Data Women’s Shoes Men’s Shoes Children’s Shoes Contribution margin $302,400 $ (3) $201,600 Controllable fixed costs 112,000 (4) (5) Controllable margin (1) 100,800 106,400 Sales 672,000 504,000 (6) Variable costs (2) 358,400 280,000 Prepare a responsibility report for the Women’s Shoes Division assuming (1) the data are for the month...
Exercise 25-15 a-b Waterway Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows. Compute the missing amounts. Operating Data Women's Shoes Men's Shoes Children's Shoes Contribution margin $290,520 (3) $193,680 Controllable fixed costs 107,600 (4) Controllable margin (1) 96,840 102,220 484,200 645,600 Sales 344,320 269,000 Variable costs Prepare a responsibility report for the Women's Shoes Division assuming (1) the data are for the month ended une 30, 2020,...
Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows. Compute the missing amounts. Operating Data Women’s Shoes Men’s Shoes Children’s Shoes Contribution margin $363,420 $ (3) $242,280 Controllable fixed costs 134,600 (4) (5) Controllable margin (1) 121,140 127,870 Sales 807,600 605,700 (6) Variable costs (2) 430,720 336,500 Prepare a responsibility report for the Women’s Shoes Division assuming (1) the data are for the month ended June 30,...
Exercise 22-15 (Part Level Submission) Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows. (a) Your answer is correct. Compute the missing amounts. Operating Data Women's Shoes Men's Shoes Children's Shoes Contribution margin $330,480 L $220,320 159120(3) 48960(4) 1 Controllable fixed costs 122,400 104040(5) Controllable margin 110,160 116,280 208080 734,400 Sales 550,800 526320 (6) Variable costs T 403920 (2) 391,680 306,000 Click if you would like to...
Prepare a responsibility report for the Women's Shoes Division assuming (1) the data are for the month anded June 30, 2020, and (2) all data equal budget except variable costs which are $5,780 over budget VAUGHN INC Women's Shoe Division Responsibility Report For the Month Ended June 30, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Contribution Margin 306340 312120 312120 Unfavorable Controllable Margin Unfavorable Variable costs Unfavorable Sales Neither Favorable nor Unfavorable Controllable Fixed Costs: Neither favorable...
Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the division listed alphabetically are as follows Compute the musing amounts. Prepare a responsibility report for the women's Shoes Division assuming the data are for the month ended June 30, 2017, and all data equal budget except variable costs which are $5,000 over budget.
Question 21 Danner Co. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows. Operating Data Women's Shoes Men's Shoes Children's Shoes Contribution margin $280,000 (3) $220,000 Controllable fixed costs 130,000 (4) (5) Controllable margin (1) $90,000 96,000 Sales 800,000 480,000 (6) Variable costs (2) 330,000 250,000 Compute the missing amounts. Operating Data Women's Shoes Men's Shoes Children's Shoes Contribution margin $280,000 $ (3) $220,000 Controllable fixed costs 130,000 (4)...