Question 3

Question 3 of 5 3.8/5 Horatio ina has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows. (a) Your answer is correct. Compute the missing amounts Women's Shoes Men's Shoes Children's Shoes $271,620 S 130780 (3) $181,080 Operating Data Contribution margin Controllable fixed costs Controllable margin Sales 100.600 40240 (4) 85510 (5) 171020 (1) 90,540 95,570 603,600 452.700 432530 (6) Variable COSTS 331980 (2) 321.920 251.500 cTextbook and Media Question 3 of 5 3.8/5 Your answer is partially correct Prepare a responsibility report for the Women's Shoes Division assuming (1) the data are for the month ended June 30, 2020, and (2) all data equal budget except variable costs which are $5,030 over budget. HORATIO INC. Women's Shoe Division Responsibility Report For the Month Ended June 30, 2020 Budget Actual Sales $ 603600 603600 VariableCosts 337010 331980 i 508 Contribution Margin 266590 271620 503 Controllable Margin 100600 100600 Contribution Margin $ 165990 $ 171020 S eTextbook and Media