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E11.29 (LO 3) Longhead Footwear Limited has three divisions that are operated as profit centres. Actual operating data for the divisions are as follows: Operating
E11.29 (LO 3) Longhead Footwear Limited has three divisions that are operated as profit centres. Actual operating data for the divisions are as follows: Operating Women's Men's Data Shoes Shoes $250,000 (c) Contribution margin Controllable fixed costs Controllable margin Sales Variable costs 100,000 (d) (a) $ 90,000 600,000 (b) 450,000 320,000 Children's Shoes $180,000 (e) 95,000 (f) 250,000 Instructions a. Calculate the missing amounts. Show your calculations. b. Prepare a responsibility report for the women's shoe division assuming (1) the data are for the month ended June 30, 2022, and (2) all data match the budgeted amounts, except variable costs, which are $10,000 over budget. E11.29 (LO3) Longhead Footwear Limited has three divisions that are operated as profit centres. Actual operating data for the divisions are as follows: Instructions a. Calculate the missing amounts. Show your calculations. b. Prepare a responsibility report for the women's shoe division assuming (1) the data are for the month ended June 30, 2022, and (2) all data match the budgeted amounts, except variable costs, which are $10,000 over budget
E11.29 (LO 3) Longhead Footwear Limited has three divisions that are operated as profit centres. Actual operating data for the divisions are as follows: Operating Women's Men's Data Shoes Shoes $250,000 (c) Contribution margin Controllable fixed costs Controllable margin Sales Variable costs 100,000 (d) (a) $ 90,000 600,000 (b) 450,000 320,000 Children's Shoes $180,000 (e) 95,000 (f) 250,000 Instructions a. Calculate the missing amounts. Show your calculations. b. Prepare a responsibility report for the women's shoe division assuming (1) the data are for the month ended June 30, 2022, and (2) all data match the budgeted amounts, except variable costs, which are $10,000 over budget.
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