AC202 - Chapter 23 Assignment Static Question 6 of 6 < > View Policies -/3 E Current Attempt in Progress Optimus Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each division is an investment center. Operating data for the Home Division for the year ended December 31, 2020, and relevant budget data are as follows. Actual Comparison with Budget Sales $1,400,000 $100,000 favorable Variable cost of goods sold Variable selling and administrative expenses 665,000 45,000 unfavorable 125,000 25,000 unfavorable Controllable fixed cost of goods sold 170,000 On target Controllable fixed selling and administrative expenses 80,000 On target Average operating assets for the year for the Home Division were $2,000,000 which was also the budgeted amount. (a) Prepare a responsibility report for the Home Division. (List variable costs before fixed costs. Round ROI to 2 decimal places, e.g. 1.57%.) (c) Sales Variable Costs Cost of Goods Sold Selling and Administrative Total Variable Costs Contribution Margin Controllable Direct Fixed Costs Cost of Goods Sold Selling and Administrative Total Controllable Direct Fixed Costs Controllable Margin ROI $ eTextbook and Media Save for Later Last saved 7 minutes ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. OPTIMUS COMPANY Home Division Responsibility Report For the Year Ended December 31, 2020 Budget Actual % % $ Attempts: 0 of 3 used Submit Answer Compute the expected ROI in 2020 for the Home Division, assuming the following independent changes to actual data. (Round ROI to 2 decimal places, e.g. 1.57%.) (1) Variable cost of goods sold is decreased by 5%. (2) Average operating assets are decreased by 10%. (3) Sales are increased by $200,000, and this increase is expected to increase contribution margin by $80,000. eTextbook and Media Save for Later The expected ROI % % % Attempts: 0 of 3 used Submit Answer