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Exercise 10-15 (Video) Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the d

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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
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