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Facebook xWileyPLUS e Accounting question ! Ch· e Invitations, Free eCards ax -> C D edugen.wileyplus.com/edugen/lti/main.un. Kimmel, Accounting, 4e Home Read, Study& Practice Gradebook Assignment > Open Assignment CALCULAT OR PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Problem 21-5A CH.21 HW Suppan Manufacturing 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, 2012, and relevant budget data are as follows Problem 21-5A Actua Comparison with Budget $100,490 favorable Sales Variable cost of goods sold Variable selling and administrative expenses Controllable fixed cost of goods sold Controllable fixed selling and administrative expenses $1,499,090 700,320 125,270 170,790 79,130 Review Results objective 60,160 unfavorable 24,290 unfavorable On target On target Average operating assets for the year for the Home Division were $2,499,140 which was also the budgeted amount. (a) Your answer is partially correct. Try again Prepare a responsibility report for the Home Division. (Round ROI to 1 decimal place, e.g. 1.5.) SUPPAN MANUFACTURING COMPANY Home Division Report For the Year Ended December 31, 2012 Difference Favorable F Unfavorable U Neither Favorable nor Unfavorable N Bud Actual Sales 1,499,090 $1,599,580 100,490 License Agreement Privacy Palis ohn Wile All Rights Reserved. A Division of John Wiley & Sons, Inc. Version 4.18.1.3 11:41 AMM 5/25/2016

Explanation / Answer

Budgeted Actual Difference Sales = 1499090 - 100490 $1,398,600 $1,499,090 $100,490 Favorable Variable costs COGS $   640,160 $   700,320 $ 60,160 Unfavorable Selling & Administrative expenses $   100,980 $   125,270 $ 24,290 Unfavorable Total Variable costs $   741,140 $   825,590 $ 84,450 Unfavorable Contribution margin $   657,460 $   673,500 $ 16,040 Favorable Controllable Direct Fixed costs COGS $   170,790 $   170,790 $         -   N Selling & Administrative expenses $     70,130 $     70,130 $         -   N Total Controllable Direct Fixed costs $   240,920 $   240,920 $         -   N Controllable Margin $   416,540 $   432,580 $ 16,040 Favorable ROI = Controllable Margin / Total Costs 42.41% 40.56% 18.99% Favorable

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