The Sports Equipment Division of Flint Company is operated as a profit center. Sales for the division were budgeted for 2022 at $1,062,000. The only variable costs budgeted for the division were cost of goods sold ($519,200) and selling and administrative ($70,800). Fixed costs were budgeted at $118,000 for cost of goods sold, $106,200 for selling and administrative, and $82,600 for noncontrollable fixed costs. Actual results for these items were: Sales $1,038,400 Cost of goods sold Variable 481,440 Fixed 123,900 Selling and administrative Variable 71,980 Fixed 77,880 Noncontrollable fixed 105,020 Your answer is partially correct. Prepare a responsibility report for the Sports Equipment Division for 2022. (List variable costs before fixed costs.) FLINT COMPANY Sports Equipment Division Responsibility Report For the Year Ended December 31, 2022 Sales Variable Costs Cost of Goods Sold Budget Actual 1,062,000 1,038,400 $ 519,200 i 481,440 Selling and Administrative 70,800 i 71,980 i Total Variable Costs 590,000 i 553,420 i Contribution Margin Controllable Fixed Costs Cost of Goods Sold Selling and Administrative Total Controllable Fixed Costs Controllable Margin 472,000 484,980 123,900 i 77,880 201,780 i $ 283,200 i Prepare a responsibility report for the Sports Equipment Division for 2022. (List variable costs before fixed costs.) get 1,062,000 519,200 FLINT COMPANY Sports Equipment Division Responsibility Report For the Year Ended December 31, 2022 +A Actual Difference Favorable Unfavorable Neither Favorable nor Unfavorable 1,038,400 $ 23,600 i Unfavorable 481,440 i 37,760 Favorable 70,800 i 71,980 i 1,180 i Unfavorable 590,000 i 553,420 i 472,000 +A 484,980 123,900 i 77,880 i 201,780 i 283,200 i +A 36,580 Favorable 12,980 Favorable Unfavorable Favorable Unfavorable Neither Favorable nor Unfavorable