Problem 22.5A Analysis of Responsibility Income Statements (LO22-3, LO22-4, LO22-5) Shown below are responsibility income statements for Butterfield, Inc., for the month of March. Investment Centers Butterfield, Inc Division 1 Division 2 Dollars Dollars Dollars $440,000 100.00 $300,000 100 $140,000 100 Sales Variable costs 222,000 50.45 180,000 60 42,000 30 $218,000 49.55 $120,000 98,000 Contribution margin 40 70 67,200 63,000 Fixed costs traceable to divisions 130,200 29.59 21 48 57,000 87,800 19.95 30,800 22 Division responsibility margin 19 Common fixed costs 9.09 0.000 47,800 10.86 Income from operations Profit Centers Division 1 Product A Product B Dollars Dollars. Dollars $300,000 100 $120,000 100.00 $180,000 100.00 Sales 180,000 Variable costs 60 54,000 45.00 126,000 70.00 Contribution margin $120,000 40 66,000 55.00 54,000 30.00% Fixed costs traceable to products 42,000 14 12,600 10.50 29,400 16.33 178,000 53,400 44.50 24,600 13.67 Product responsibility margin 26 Common fixed costs 21,000 Responsibility margin for division 57,000 19