Henning Manufacturing Inc. operates its patio furniture division as a profit centre. Operating data for this division

Question:

Henning Manufacturing Inc. operates its patio furniture division as a profit centre. Operating data for this division for the year ended December 31, 2012, are as follows:
Henning Manufacturing Inc. operates its patio furniture division as a

20% of these costs to the patio furniture division.
Instructions
(a) Prepare a responsibility report for the patio furniture division for the year.
(b) Comment on the manager's performance in controlling revenues and costs.
(c) Identify any costs that have been excluded from the responsibility report and explain why they were excluded.

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Related Book For  book-img-for-question

Managerial Accounting Tools for Business Decision Making

ISBN: 978-1118033890

3rd Canadian edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly

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