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Problem 25-04A a (Video) Bramble Inc. operates the Patio Furniture Division as a profit center. Operating data for this division for the year ended December
Problem 25-04A a (Video) Bramble Inc. operates the Patio Furniture Division as a profit center. Operating data for this division for the year ended December 31, 2020, are as shown below Difference Budget from Budget Sales $2,504,600 $52,400 Favorable Cost of goods sold Variable 1,296,800 40,700 Favorable Controllable fixed 202,600 3,400 Unfavorable Selling and administrative Variable 229,700 6,900 Unfavorable 53,200 1,800 Unfavorable 65,800 3,600 Unfavorable Controllable fixed Noncontrollable fixed costs In addition, Bramble incurs $184,000 of indirect fixed costs that were budgeted at $172,100. Twenty percent (20%) of these costs are allocated to the Patio Furniture Division Prepare a responsibility report for the Patio Furniture Division for the year. (List variable costs before fixed costs.) BRAMBLE INC. Patio Furniture Division Responsibility Report For the Year Ended December 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual es 52400 Favorable 2504600 2552400 Variable Costs Cost of Goods Sold 1296800 1337500 40700 Favorable Selling and Administrative LINK TO TEXT VIDEO: SIMILAR
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