Business, 20.05.2020 12:57, ricksterv5000

The Real Estate Products Division of McKenzie Co. is operated as a profit center. Sales for the division were budgeted for 2019 at $1,250,000. The only variable costs budgeted for the division were cost of goods sold ($610,000) and selling and administrative ($80,000). Fixed costs were budgeted at $130,000 for the cost of goods sold, $120,000 for selling and administrative, and $95,000 for noncontrollable fixed costs.
Actual results for these items were:

Sales $1,175,000
Cost of goods sold Variable 545,000
Fixed 140,000
Selling and administrative Variable 82,000
Fixed 100,000
Noncontrollable fixed 105,000

Prepare a responsibility report for the Real Estate Products Division for 2019.

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The Real Estate Products Division of McKenzie Co. is operated as a profit center. Sales for the divi...