Profit Center Performance Report

Complete the following performance report for profit center P for the month ended December 31. If an amount is zero, enter "0". Enter all amounts as positive numbers. If required, round your answers to the nearest cent.

	Actual Results	Variance		Master Budget
Sales	$	$20	(F)	$120
Controllable variable costs:
Variable cost of goods sold	25	10	(U)	$
Variable selling and administrative expenses	15	$	Select(F)(U)Item 4	5
Contribution margin	$100	$		$100
Controllable fixed costs	$	20	(F)	60
Profit center operating income	$60	$20	(F)	$
Performance measures:
Number of orders processed	50	20	(F)
Average daily sales	$	$0.68	(F)	$4.00
Number of units sold	100	40	(F)