Horatio Inc. has three divisions that are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows.

Instructions

a. Compute the missing amounts. Show computations.

b. Prepare a responsibility report for the Women’s Shoes Division assuming (1) the data are for the month ended June 30, 2022, and (2) all data equal budget except variable costs which are $5,000 over budget.

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Operating Data Contribution margin Controllable fixed costs Controllable margin Sales Variable costs Women's Shoes $270,000 100,000 (1) 600,000 (2) Men's Shoes (3) (4) $ 90,000 450,000 320,000 Children's Shoes $180,000 (5) 95,000 (6) 250,000