Exercise 195 Exercise 195 The Deluxe Division, a profit center of Riley Manufact

Question

Exercise 195

Exercise 195

The Deluxe Division, a profit center of Riley Manufacturing Company, reported the following data for the first quarter of 2016:
Sales $9,000,000 Variable costs 6,300,000 Controllable direct fixed costs 1,200,000 Noncontrollable direct fixed costs 530,000 Indirect fixed costs 300,000
(a)

Prepare a performance report for the manager of the Deluxe Division.
RILEY MANUFACTURING COMPANY
Deluxe Division
Management Performance Report
For the Quarter Ended March 31, 2016

Contribution MarginControllable Fixed CostsSalesVariable CostsControllable Margin

$

Contribution MarginSalesControllable Fixed CostsControllable MarginVariable Costs

Variable CostsContribution MarginControllable Fixed CostsControllable MarginSales

Controllable MarginSalesVariable CostsContribution MarginControllable Fixed Costs

SalesControllable Fixed CostsVariable CostsControllable MarginContribution Margin

$

Explanation / Answer

Sales 9000000 Variable costs 6300000 Contribution margin 2700000 Controllable fixed costs 1200000 Controllable margin 1500000

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