** 52%. 2:40 AM Print by: Marija Ivanovska Acctng Principles II, 20/FA, ACC-122-DS 11:Acctng Principles...
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** 52%. 2:40 AM Print by: Marija Ivanovska Acctng Principles II, 20/FA, ACC-122-DS 11:Acctng Principles II, 20/FA, ACC-122-DS11/P23-4A *Problem 23-04A a Clarke Inc. operates the Patio Furniture Division as a profit center. Operating data for this division for the year ended December 31, 2020, are as shown below. Difference Budget from Budget $2,498,400 $49,700 Favorable 1,308,900 199,900 38,100 Favorable 3,900 Unfavorable Sales Cost of goods sold Variable Controllable fixed Selling and administrative Variable Controllable fixed Noncontrollable fixed costs 229,600 45,100 6,000 Unfavorable 2,700 Unfavorable 4,000 Unfavorable 70,800 In addition, Clarke incurs $175,000 of indirect fixed costs that were budgeted at $176,600. Twenty percent (20%) of these costs are allocated to the Patio Furniture Division. Prepare a responsibility report for the Patio Furniture Division for the year. (List variable costs before fixed costs.) CLARKE INC. Patio Furniture Division Responsibility Report For the Year Ended December 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Question Attempts: 0 of 2 used Copyright 2000-2020 by John Wiley & Sons, Inc. or related companies. All rights reserved
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