Flounder Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows.

(a)

Compute the missing amounts.

Operating Data		Womens Shoes			Mens Shoes			Childrens Shoes
Contribution margin		$243,000			$enter a dollar amount	(3)		$162,000
Controllable fixed costs		90,000			enter a dollar amount	(4)		enter a dollar amount	(5)
Controllable margin		enter a dollar amount	(1)		81,000			85,500
Sales		540,000			405,000			enter a dollar amount	(6)
Variable costs		enter a dollar amount	(2)		288,000			225,000

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(b)

Prepare a responsibility report for the Womens Shoes Division assuming (1) the data are for the month ended June 30, 2022, and (2) all data equal budget except variable costs which are $4,500 over budget.

FLOUNDER INC. Womens Shoe Division Responsibility Report choose the accounting period For the Year Ended June 30, 2022For the Month Ended June 30, 2022June 30, 2022
						Difference
		Budget		Actual		Favorable Unfavorable Neither Favorable nor Unfavorable
select an item Controllable Fixed CostsNet Income/(Loss)Variable CostsNoncontrollable Fixed CostsSalesControllable MarginGross ProfitContribution Margin		$enter a dollar amount		$enter a dollar amount		$enter the difference	select an option FavorableNeither Favorable nor UnfavorableUnfavorable
select an item Gross ProfitNoncontrollable Fixed CostsSalesNet Income/(Loss)Variable CostsControllable Fixed CostsControllable MarginContribution Margin		enter a dollar amount		enter a dollar amount		enter the difference	select an option FavorableUnfavorableNeither Favorable nor Unfavorable
select a summarizing line for the first part SalesContribution MarginNet Income/(Loss)Noncontrollable Fixed CostsControllable Fixed CostsControllable MarginGross ProfitVariable Costs		enter a total amount for the first part		enter a total amount for the first part		enter the difference	select an option FavorableUnfavorableNeither Favorable nor Unfavorable
select an item Controllable Fixed CostsNoncontrollable Fixed CostsGross ProfitVariable CostsContribution MarginControllable MarginNet Income/(Loss)Sales		enter a dollar amount		enter a dollar amount		enter the difference	select an option Neither Favorable nor UnfavorableFavorableUnfavorable
select a closing responsibility report item Variable CostsNoncontrollable Fixed CostsGross ProfitSalesControllable MarginControllable Fixed CostsNet Income/(Loss)Contribution Margin		$enter a total amount		$enter a total amount		$enter the difference	select an option