The Sports Equipment Division of Harrington Company is operated as a profit center. Sales for the division were budgeted for 2020 at $890,000. The only variable costs budgeted for the division were cost of goods sold ($440,000) and selling and administrative (561,000). Fixed costs were budgeted at $102,000 for cost of goods sold, $92,000 for selling and administrative, and $73,000 for noncontrollable fixed costs. Actual results for these items were: $889,000 Sales Cost of goods sold Variable Fixed Selling and administrative Variable Fixed Noncontrollable fixed 418,000 104,000 60,000 73,000 92.000 - 71 III HARRINGTON COMPANY Sports Equipment Division Responsibility Report For the Year Ended December 31, 2020 Actual Budget Sales Total Variable Costs > Contribution Margin Controllable Fixed Costs Cost of Goods Sold Selling and Administrative S Question 1 of 1 -/1 E live