URGENT The Real Estate Products Division of Pharoah...

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Accounting

URGENT
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The Real Estate Products Division of Pharoah Co, is operated as a profit center. Sales for the division were budgeted for 2022 at $1,264,000. The only variable costs budgeted for the division were cost of goods sold ($6,22,000) and selling and administrative ($86,000). Fiked costs were budgeted at $139,000 for cost of goods sold, $129,000 for selling and administrative costs, and $101,000 for noncontrollable fixed costs. Actual results for these items were as follows: Prepare a responsibility report for the Real Estate Products Dlvision for 2022. (Ust varlable costs before foed costs.) Prepare a responsibility report for the Real Estate Products Division for 2022. (Uist wariable costs before fixed costs.)

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