Business, 05.05.2020 06:11 jenn8055

Optimus 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, 2020, and relevant budget data are as follows. Actual Comparison with Budget Sales$1,399,000$100,000 favorable Variable cost of goods sold680,00056,000 unfavorable Variable selling and administrative expenses125,00025,000 unfavorable Controllable fixed cost of goods sold169,000On target Controllable fixed selling and administrative expenses81,000On target Average operating assets for the year for the Home Division were $2,000,000 which was also the budgeted amount. (a) Prepare a responsibility report for the Home Division. (List variable costs before fixed costs. Round ROI to 2 decimal places, e. g. 1.57%.) OPTIMUS COMPANY Home Division Responsibility Report For the Year Ended December 31, 2020 Difference Budget Actual Favorable Unfavorable Neither Favorable nor Unfavorable $ $ $ $ $ $ ROI % % %

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Optimus Company manufactures a variety of tools and industrial equipment. The company operates throu...

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