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PLEASE HELP ASAP Optimus Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each division is an investment center.
PLEASE HELP ASAP Optimus 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. Sales Variable cost of goods sold Variable selling and administrative expenses Controllable fixed cost of goods sold Controllable fixed selling and administrative expenses Actual $1,401.000 680,000 125,000 171.000 81,000 Comparison with Budget $100,000 favorable 56,000 unfavorable 26.000 unfavorable On target On target Average operating assets for the year for the Home Division were $2,000,000 which was also the budgeted amount.
Optimus 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 $100,000 favorable $1,401,000 680,000 Sales Variable cost of goods sold Variable selling and administrative expenses Controllable fixed cost of goods sold Controllable fixed selling and administrative expenses 56,000 unfavorable 26,000 unfavorable 125,000 171,000 On target 81,000 On target Average operating assets for the year for the Home Division were $2,000,000 which was also the budgeted amount. Average operating assets for the year for the Home Division were $2,000,000 which was also the budgeted amount OPTIMUS COMPANY Home Division Responsibility Report For the Year Ended December 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual ROI
PLEASE HELP ASAP
Optimus 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.
Sales
Variable cost of goods sold
Variable selling and administrative expenses
Controllable fixed cost of goods sold
Controllable fixed selling and administrative expenses
Actual
$1,401.000
680,000
125,000
171.000
81,000
Comparison with Budget
$100,000
favorable
56,000
unfavorable
26.000
unfavorable
On target
On target
Average operating assets for the year for the Home Division were $2,000,000 which was also the budgeted amount.
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