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Exercise 2 2 - 1 Responsibility accounting report - cost center LO P 1 Arctica manufactures snowmobiles and ATVs. These products are made in different
Exercise Responsibility accounting reportcost center LO P
Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and
each department has its own manager. Each responsibility performance report only includes those costs
that the particular department manager can control: raw materials, wages, supplies used, and equipment
depreciation.
Prepare a responsibility accounting report for the snowmobile department. Under budget amounts
should be indicated by a minus sign.
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