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Katsu, Inc. has a small car division that operates as a profit contor. Below is a partially completed responsibility report for the first quarter Responsibility

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Katsu, Inc. has a small car division that operates as a profit contor. Below is a partially completed responsibility report for the first quarter Responsibility Report Flexible Flexible Budget UF Percentage UM Actual Budget Variance Variance Sales Revente $690.000 $702,000 Variable Expenses 303,000 319,000 Contribution Margin 387,000 383,000 Traceable Fixed 372.000 365.000

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