Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please answer all of it For the year ending December 31, 2022, Oriole Company accumulates the following data for the Plastics Division, which it operates
please answer all of it
For the year ending December 31, 2022, Oriole Company accumulates the following data for the Plastics Division, which it operates as an investment center: contribution margin-$668,200 budget, $677,010 actual; controllable fixed costs-$298,300 budget, $303,000 actual. Average operating assets for the year were $2,055,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending December 31, 2022. (Round ROI to 1 decimal place, e.g. 1.5%.) ORIOLE COMPANY Plastics Division Responsibility Report Difference Favorable Unfavorable Neither Favorab nor Unfavorable Budget Actual $ $ $ $ $ $ % % % e Textbook and Media Save for Later Attempts: 0 of 2 used SubmitStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started