Just 10.15

Indirect labor Indirect materials Lubricants Maintenance $12.000 7.700 1.675 3.500 Property taxes Rent Salaries Utilities $ 1,000 1,800 10,000 5,000 actual costs incurred for January 2020 are indirect labor $12.250: indirect materials $10,200, lubricants ", maintenance $3.500; property taxes $1,100; rent $1.800: salaries $10,000, and utilities 56.400. Instructions a. Prepare a responsibility report for January 2020. b. What would be the likely result of management's analysis of the report? E.10.15 (LO 3), AN Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows. Compute mi responsibili centers, and Men's Shoes (3) Operating Data Contribution margin Controllable fixed costs Controllable margin Sales Variable costs Women's Shoes $270,000 100,000 (1) 600,000 $ 90,000 450,000 320,000 Children's Shoes $180,000 (5) 95.000 (6 250.000 (2) Instructions a. Compute the missing amounts. Show computations. b. 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 $5,000 over budget E10.16 (LO 3, 4), AP The Sports Equipment Division of Harrington Company is operated as a profit center. Sales for the division were budgeted for 2020 at $900,000. The only variable costs budgeted for the division were cost of goods sold ($440,000) and selling and administrative ($60,000). Fixed costs Prepa profit