Exercise 10-15 (Part Level Submission) Horatio Inc. has three divisions which ar

Question

Exercise 10-15 (Part Level Submission)

Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows:

(a)

Operating Data

Women’s Shoes

Men’s Shoes

Children’s Shoes

$341,280

$227,520

126,400

113,760

120,080

758,400

568,800

316,000

Exercise 10-15 (Part Level Submission)

Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows:

Explanation / Answer

Contribution margin=Sales-Variable costs

Contribution margin-ControllableFixed cost=Controllable margin

Women Shoes Men Shoes Children Shoes Contribution margin 341280 164320 227520 ControllableFixed cost 126400 50560 107440 Controllable margin 214880 113760 120080 Sales 758400 568800 543520 Variable costs 417120 404480 316000

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