Prepare a responsibility report for the Sports Equipment Division for 2020. (list variable costs before fixed costs) HARRINGTON COMPANY Sports Equipment Division Responsibility Report For the Year Ended December 31, 2020 Budget Actual Sales 901000 $ $ 880000 Variable Costs Cost of Goods Sold 445000 400000 Selling and Administrative 02000 00000 Total Variable Costs 507000 468000 nh Contribution Margin 394000 412000 Controllable Fored Costs Cost of Goods Sold V 105000 106000 Selling and Administrative 890001 690001 Controllable Food Costs 194000 175000 Controllable Margin 200000 237000 e Textbook and Media Attempts: 3 of 3 used Using multiple attempts has impacted your score. 56 score reduction after attempt 2 DOW Prepare a responsibility report for the Sports Equipment Division for 2020. (List variable costs before found costs) HARRINGTON COMPANY Sports Equipment Division Responsibility Report For the Year Ended December 31, 2020 Actual Difference Favorable Unfavorable Neither Favorable nor Unfavorable 1000 1 $ 880000 S 21000 Unfavorable > 5000 4080001 37000 Favorable 2000 60000 2000 Favorable 7000 468000 39000 Favorable 4000 412000 18000 Favorable 5000 106000 10001 Untavorable 9000 09000 20000 Favorable 4000 175000 19000 Favorable 0000 2370001 37000 Favorable e Textbook and Media Attempts: 3 of 3 used Using multiple attempts has impacted your score. 5% score reduction after attempt 2 The Sports Equipment Division of Harrington Company is operated as a profit center. Sales for the division were budgeted for 2020 at 5901,000. The only variable costs budgeted for the division were cost of goods sold ($445,000) and selling and administrative (562.000). Fixed costs were budgeted at $105,000 for cost of goods sold, 889,000 for selling and administrative, and $69.000 for noncontrollable fixed costs. Actual results for these items were: $880,000 Sales Cost of goods sold Variable Fixed Selling and administrative Variable 408,000 106,000 60,000 Fixed 69.000 Noncontrollable fixed 92.000 Assume the division is an investment center, and average operating assets were $1,000,000. The noncontrollable faced costs are controllable at the investment center level. Compute ROI using the actual amounts. Round ROI to 1 decimal place, cg 15.) Return on investment eTextbook and Media Attempts: 0 of 3 used Sun Antwer Save for later Using multiple attempts will impact your score 5 score reduction after attempt 2