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Corbin Company had the following financial results for last month. What type of responsibility center do these financial results reflect? Flex e Budget Variance %
Corbin Company had the following financial results for last month. What type of responsibility center do these financial results reflect? Flex e Budget Variance % of Variance (U or F) (U or F) ActualFlexible Budget $200,000 70,000 One store $20,000 F 10.00% F $220,000 80,000 Revenues Operating Expenses Income from operations before service dept. charges Service department charges Income from operations 10,000 U 10,000 F 10,000 F 14.29% U 7.69% F 11.11% F 140,000 40,000 100,000 130,000 40,000 90,000 OA. Profit center O B. Investment center C. Revenue center O D. Cost center
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