Problem 10-5A a, c (Video)

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.

Actualacc

Comparison with Budget

Sales$1,400,000$100,000favorableVariable cost of goods sold665,00045,000unfavorableVariable selling and administrative expenses125,00025,000unfavorableControllable fixed cost of goods sold170,000On targetControllable fixed selling and administrative expenses80,000On target

Average operating assets for the year for the Home Division were $2,000,000which was also the budgeted amount.

Your answer is partially correct.Try again.

Prepare a responsibility report for the Home Division.(List variable costs before fixed costs. Round ROI to 2 decimal places, e.g. 1.57%.)