The Real Estate Products Division of McKenzie Co. is operated as a profit center. Sales for the

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The Real Estate Products Division of McKenzie Co. is operated as a profit center. Sales for the division were budgeted for 2016 at $1,250,000. The only variable costs budgeted for the division were cost of goods sold ($610,000) and selling and administrative ($80,000). Fixed costs were budgeted at $130,000 for cost of goods sold, $120,000 for selling and administrative and $95,000 for noncontrollable fixed costs. Actual results for these items were:
The Real Estate Products Division of McKenzie Co. is operated

Prepare a responsibility report for the Real Estate Products Division for 2016.
Assume the division is an investment center, and average operating assets were $1,200,000.

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