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Brief Exercise 10-8 For the year ending December 31, 2017, Cobb Company accumulates the following data for the Plastics Division which it operates as an
Brief Exercise 10-8 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- $582,000 budget, $589,900 actual controllable fixed costs-5297,000 budget, $303,000 actual. Average operating assets for the year were $1,900,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin (Round ROT to 1 decimal place, e.g. 1.5.) COBB COMPANY Plastics Division Responsibility Report For the Year Ended December 31, 2017 Favorable Unfavorable Neither Favorable LINK TO TEXT
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