Exercise 25-15 a-b Sheffield Inc. has three divisions which are operated as profit centers. Actual...
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Exercise 25-15 a-b Sheffield 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 $363,960 (3) $242,640 Controllable fixed costs 134,800 (5) Controllable margin (1) 121,320 128,060 Sales 808,800 606,600 (6) Variable costs (2) 431,360 337,000 Prepare a responsibility report for the Women's Shoes Division assuming (1) the data are for the month ended June 30, 2020, and (2) all data equal budget except variable costs which are $6,740 over budget. SHEFFIELD INC. Women's Shoe Division Responsibility Report For the Month Ended June 30, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Click if you would like to Show Work for this question: Open Show Work
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