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Home Q & A Board Other Fields Homework Help Business Accounting
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7 years ago
Howard Consumer Products has a small car division that operates as a profit center. Below is a partially completed responsibility report for the first quarter. Complete the responsibility report.  (Round percentages to one decimal place.)

Howard Consumer Products
Responsibility Report

Product
Type   Actual
Results   Flexible
Budget    Flexible Budget Variance
(F or U)   Sales Volume Variance
Sales Revenue   $688,200   $700,000      
Variable Expense   309,000   320,000      
Contribution Margin             
Traceable Fixed Expense   371,000   369,000      
Divisional Segment Margin
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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Deprecated Author
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#2
7 years ago
Makes perfect sense, thx
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#3
7 years ago
I'm liking this Slight Smile
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