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Marigold Company manufactures a variety of tools and Industrial equipment. The company operates through three divisions. Each division is an investment center. Operating data for

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Marigold Company manufactures a variety of tools and Industrial equipment. The company operates through three divisions. Each division is an investment center. Operating data for the Home Division for the year ended December 31, 2020, and relevant budget data are as follows Actual Comparison with Budget $1,400,000 $101.000 favorable 680,000 56,000 unfavorable Sales Variable cost of goods sold Variable selling and administrative expenses Controllable foued cost of goods sold Controllable towed selling and administrative expenses 124,000 24.000 unfavorable 171.000 On target On target 81.000 Average operating assets for the year for the Home Division were $2.000.000 which was also the budgeted amount (a) Prepare a responsibility report for the Home Division (List variable costs before fu costs. Round Rolto 2 decimal places, 1.57%) MARIGOLD COMPANY Home Division Responsibility Report For the Year Ended December 31, 2020 Budget Actual > - > V V e Textbook and Media Save for Later Attempts of 3 used San Antwer

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