For the year ending December 31, 2017, Cobb Company accumulates the following data for the...
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Accounting
For the year ending December 31, 2017, Cobb Company accumulates the following data for the Plastics Division which it operates as an investment center: contribution margin-$652,320 budget, $660,967 actual; controlilable fixed costs-$301,500 budget, $304,300 actual. Average operating assets for the year were $1,949,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin. (Round Ror to decimal place, eg. is) COBB COMPANY Plastics Division Responsibility Report For the Year Ended December 31, 2017 Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual INK TO TEXT
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