SE 5. Complete this performance report for profit center P for the month ended December 31: Actual
Question:
SE 5. Complete this performance report for profit center P for the month ended December 31:
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Actual Results Variance Master Budget Sales Controllable variable costs Variable cost of goods sold $ $ 20 (F) $ 120 25 10 (U) ? Variable selling and administrative expenses 15 5 Contribution margin $100 S? $ 100 Controllable fixed costs ? 20 (F) 60 Profit center operating income $ 60 $ 20 (F) $ ? Performance measures Number of orders processed 50 20 (F) Average daily sales $? $0.68 (F) $4.00 Number of units sold 100 40 (F) 2
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