Question

Question 3 View Policies Current Attempt In Progress 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 Men's Shoes Women's Shoes $282,420 Children's Shoes $188,280 Contribution margin $ Controllable fixed costs 104,600 (5) Controllable margin (1) 94.140 99,370 470,700 627,600 Sales (6) 334,720 261,500 Variable costs e Textbook and Media Attempts: 0 of 2 used Save for Later Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above

Answer 1

Women shoes

1.

Contribution margin = Sales - Variable cost

282,420= 627,600- Variable cost

Variable cost = $345,180

2.

Controllable margin = Contribution margin - Controllable fixed costs

=282,420-104,600

= $177,820

Men's Shoes

Contribution margin = Sales - Variable cost

= 470,700-334,720

= $135,980

Controllable margin = Contribution margin - Controllable fixed costs

94,140 = 135,980 - Controllable fixed costs

Controllable fixed costs = $41,840

Children's Shoes

Contribution margin = Sales - Variable cost

188,280 = Sales - 261,500

Sales = $449,780

Controllable margin = Contribution margin - Controllable fixed costs

99,370 = 188,280 - Controllable fixed costs

Controllable fixed costs = 188,80-99,370

= $88,910

Operating Data	Women's Shoes	Men's Shoes	Children's Shoes
Contribution Margin	282,420	135,980	188,280
Controllable fixed costs	104,600	41,840	88,910
Controllable margin	177,820	94,140	99,370
Sales	627,600	470,700	449,780
Variable costs	345,180	334,720	261,500

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