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For the year ending December 31, 2020, Cobb Company accumulates the following data for the Plastics Division which it operates as an investment center contribution
For the year ending December 31, 2020, Cobb Company accumulates the following data for the Plastics Division which it operates as an investment center contribution margin-$709,850 budget, $719,685 actual controllable fixed costs-5301,400 budget, $305,400 actual. Average operating assets for the year were $1.945,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending Decernber 31, 2020. (Round ROI to 1 decimal place, eg. 1.5%) COBB COMPANY Plastics Division Responsibility Report For the Year Ended December 31, 2020 Budget Actual View Policies Current Attempt in Progress For the year ending December 31, 2020, Cobb Company accumulates the following data for the Plastics Division which it operates as an investment center contribution margin-$709,850 budget $719,685 actual; controllable fixed costs-$301,400 budget $305,400 actual. Average operating assets for the year were $1,945,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending December 31, 2020. (Round Rol to 1 decimal place, es. 1.5%) COBB COMPANY Plastics Division Responsibility Report For the Year Ended December 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable pet Actual $ $ 5oLa Attempts of 3 used Sutt Arne
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