Whispering Winds Company manufactures a variety of tools and industrial equipment. The company operates through three...

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Whispering Winds Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each division is an investment center. Operating data for the Home Division for the year ended December 31, 2022, and relevant budget data are as follows. Actual Comparison with Budget Sales $1,401,000 $101,000 favorable Variable cost of goods sold 680,000 55,000 unfavorable Variable selling and administrative expenses 124,000 25.000 unfavorable Controllable fixed cost of goods sold 170,000 On target Controllable fixed selling and administrative expenses 87,000 On target Average operating assets for the year for the Home Division were $2,000,000, which was also the budgeted amount. (a) Prepare a responsibility report for the Home Division. (List variable costs before fixed costs Round ROI to 2 decimal places, eg. 1.57%) WHISPERING WINDS COMPANY Home Division Responsibility Report For the Year Ended December 31, 2022 Budget 1300000 $ 625000 Actual 1401000 $ 101000 680000 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Favorable 55000 Unfavorable 99000 124000 25000 Unfavorable % $ % $ Unfavorable Favorable Favorable % Favorable Whispering Winds Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each division is an investment center. Operating data for the Home Division for the year ended December 31, 2022, and relevant budget data are as follows. Actual Comparison with Budget Sales $1,401,000 $101,000 favorable Variable cost of goods sold 680,000 55,000 unfavorable Variable selling and administrative expenses 124,000 25.000 unfavorable Controllable fixed cost of goods sold 170,000 On target Controllable fixed selling and administrative expenses 87,000 On target Average operating assets for the year for the Home Division were $2,000,000, which was also the budgeted amount. (a) Prepare a responsibility report for the Home Division. (List variable costs before fixed costs Round ROI to 2 decimal places, eg. 1.57%) WHISPERING WINDS COMPANY Home Division Responsibility Report For the Year Ended December 31, 2022 Budget 1300000 $ 625000 Actual 1401000 $ 101000 680000 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Favorable 55000 Unfavorable 99000 124000 25000 Unfavorable % $ % $ Unfavorable Favorable Favorable % Favorable