The Sports Equipment Division of Harrington Company is operated as a profit center. Sales for the division were budgeted for 2017 at $890,000. The only variable costs budgeted for the division were cost of goods sold ($439,000) and selling and administrative ($60,000). Fixed costs were budgeted at $100,000 for cost of goods sold, $89,000 for selling and administrative, and $69,000 for noncontrollable fixed costs. Actual results for these items were

Exercise 10-16 The Sports Equipment Division of Harrington Company is operated as a profit center. Sales for the division were budgeted for 2017 at $890,000. The only variable costs budgeted for the division were cost of goods sold ($439,000) and selling and administrative ($60,000). Fixed costs were budgeted at $100,000 for cost of goods sold, $89,000 for seling and administrative, and 69,000 for noncontrollable fixed costs. Actual results for these items were: Sales Cost of goods sold $880,000 Variable Fixed 408,000 104,000 Seling and administrative Variable Fixed 60,000 66,000 89,000 Noncontrollable fixed