Horatio Inc. has three divisions which are operated as profit centers. Actual op

Question

Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows Compute the missing amounts. Children's Shoes Women's Shoes $284,580 105,400 Operating Data Men's Shoes Contribution margin Controllable fixed costs Controllable margirn Sales $189,720 100,130 94,860 474,300 337,280 632,400 Variable costs 263,500 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: APPLIED SKILLS

Explanation / Answer

Sales-Variable cost=Contribution margin

Contribution margin-Controllable fixed costs=Controllable margin

Women Shoes Men Shoes Children Shoes Contribution margin 284580 (474300-337280)=137020 189720 Controllable fixed costs 105400 (137020-94860)=42160 (189720-100130)=89590 Controllable margin (284580-105400)=179180 94860 100130 Sales 632400 474300 (189720+263500)=453220 Variable costs (632400-284580)=347820 337280 263500

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