Exercise 10-15 (Part Level Submission) (Video) Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows. (a) Your answer is correct. Compute the missing amounts. Operating Data Women's Shoes Men's Shoes Children's Shoes Contribution margin $284,580 137020 (3) $189,720 Controllable fixed costs 105,400 42160(4) 89590(5) Controllable margin 179180(1) 94,860 100,130 Sales 632,400 474,300 453220 (6) Variable costs 347820|(2) 337,280 263,500 Your answer is partially correct. Try again. Prepare a responsibility report for the Women's Shoes Division assuming (1) the data are for the month ended June 30, 2020, and (2) all data equal budget except variable costs which are $5,270 over budget. HORATIO INC. Women's Shoe Division Responsibility Report For the Month Ended June 30, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Sales 632400 632400 0|Neither Favorable nor Unfavorable x Contribution Margin 342550 347820 5270 Unfavorable x Controllable Fixed Costs 289850 284580 5270 Unfavorable X Controllable Margin Neither Favorable nor Unfavorable Gross Profit Unfavorable Exercise 10-15 (Part Level Submission) (Video) Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows. (a) Your answer is correct. Compute the missing amounts. Operating Data Women's Shoes Men's Shoes Children's Shoes Contribution margin $284,580 137020 (3) $189,720 Controllable fixed costs 105,400 42160(4) 89590(5) Controllable margin 179180(1) 94,860 100,130 Sales 632,400 474,300 453220 (6) Variable costs 347820|(2) 337,280 263,500 Your answer is partially correct. Try again. Prepare a responsibility report for the Women's Shoes Division assuming (1) the data are for the month ended June 30, 2020, and (2) all data equal budget except variable costs which are $5,270 over budget. HORATIO INC. Women's Shoe Division Responsibility Report For the Month Ended June 30, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Sales 632400 632400 0|Neither Favorable nor Unfavorable x Contribution Margin 342550 347820 5270 Unfavorable x Controllable Fixed Costs 289850 284580 5270 Unfavorable X Controllable Margin Neither Favorable nor Unfavorable Gross Profit Unfavorable