Justus Manufacturing Company accumulates the following summary data for the year ending December 31, 2011, for its
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Justus Manufacturing Company accumulates the following summary data for the year ending December 31, 2011, for its Water Division which it operates as a profit center: sales—$2,000,000 budget, $2,080,000 actual; variable costs—$1,000,000 budget, $1,050,000 actual; and controllable fixed costs—$300,000 budget, $310,000 actual. Prepare a responsibility report for the Water Division.
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Related Book For
Managerial Accounting Tools for business decision making
ISBN: 978-0470477144
5th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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