Exercise 22-16

The Sports Equipment Division of Harrington Company is operated as a profit center. Sales for the division were budgeted for 2014 at $900, 550. The only variable costs budgeted for the division were cost of goods sold ($440, 500) and selling and administrative ($60, 150). Fixed costs were budgeted at $102, 090 for cost of goods sold, $91, 720 for selling and administrative, and $70, 480 for noncontrollable fixed costs. Actual results for these items were: Prepare a responsibility report for the Sports Equipment Division for 2014. (List variable costs before fixed costs.)