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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
** 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
Print by: Marija Ivanovska Acctng Principles II, 20/FA, ACC-122-DS11:Acctng Principles II, 20/FA, ACC-122-DS11/P23-4A *Problem 23-04A a 52% 2:40 AM 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. Budget Difference from Budget Sales $2,498,400 $49,700 Favorable Cost of goods sold Variable 1,308,900 Controllable fixed 199,900 38,100 Favorable 3,900 Unfavorable Selling and administrative Variable 229,600 6,000 Unfavorable Controllable fixed Noncontrollable fixed costs 45,100 70,800 2,700 Unfavorable 4,000 Unfavorable 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 Budget Actual Difference Favorable Unfavorable Neither Favorable nor Unfavorable Copyright 2000-201310 by John Wiley & Sons, Inc. or related companies. Al rights reserved Question Attempts: 0 of 2 used
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