Longhead Manufacturing Inc. has three divisions that are operated as profit centres. Actual operating data for the
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(a) Calculate the missing amounts. Show your calculations.
(b) Prepare a responsibility report for the women's shoe division assuming (1) the data are for the month ended June 30, 2012, and (2) all data match the budgeted amounts, except variable costs, which are $5,000 over budget.
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Related Book For
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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