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

Part 1

Compute the missing amounts.

Operating Data		Womens Shoes			Mens Shoes			Childrens Shoes
Contribution margin		$270,540			$	(3)		$180,360
Controllable fixed costs		100,200				(4)			(5)
Controllable margin			(1)		90,180			95,190
Sales		601,200			450,900				(6)
Variable costs			(2)		320,640			250,500

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Part 2

Prepare a responsibility report for the Womens 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 $5,010 over budget.

HORATIO INC. Womens Shoe Division Responsibility Report For the Month Ended June 30, 2020
						Difference
		Budget		Actual		Favorable Unfavorable Neither Favorable nor Unfavorable
Contribution MarginControllable MarginControllable Fixed CostsFixed CostsGross ProfitNet Income/(Loss)SalesVariable Costs		$		$		$	FavorableUnfavorableNeither Favorable nor Unfavorable
Contribution MarginControllable MarginControllable Fixed CostsFixed CostsGross ProfitNet Income/(Loss)SalesVariable Costs							FavorableUnfavorableNeither Favorable nor Unfavorable
Contribution MarginControllable MarginControllable Fixed CostsFixed CostsGross ProfitNet Income/(Loss)SalesVariable Costs							FavorableUnfavorableNeither Favorable nor Unfavorable
Contribution MarginControllable MarginControllable Fixed CostsFixed CostsGross ProfitNet Income/(Loss)SalesVariable Costs							FavorableUnfavorableNeither Favorable nor Unfavorable
Contribution MarginControllable MarginControllable Fixed CostsFixed CostsGross ProfitNet Income/(Loss)SalesVariable Costs		$		$		$	FavorableUnfavorableNeither Favorable nor Unfavorable