Question: Help me with the red boxes plz ! Help me with the red boxes plz ! Help me with the red boxes plz ! Crane
Help me with the red boxes plz
Help me with the red boxes plz
Help me with the red boxes plz
Crane Inc. operates the Patio Furniture Division as a profit center. Operating data for this division for the year ended December are as shown here.
In addition, Crane incurs $ of indirect fixed costs that were budgeted at $ Twenty percent of these costs are allocated to the Patio Furniture Division.
Prepare a responsibility report for the Patio Furniture Division for the year. List variable costs before fixed costs.
Variable Costs
Indirect Fixed Costs
Total Controllable Fixed Costs
Controllable Margin
Noncontrollable Fixed Costs
Total Variable Costs
Selling and Administrative
Sales
Cost of Goods Sold
Total Noncontrollable Fixed Costs
Controllable Fixed Costs
Contribution Margin
Gross Profit
CRANE INC.
Patio Furniture Division
Responsibility Report
For the Year Ended December
Difference
Favorable
Unfavorable
Neither Favorable
nor Unfavorable
Actual
Cost of Goods Sold
Prepare a responsibility report for the Patio Furniture Division for the year. List variable costs before fixed costs.
CRANE INC.
Patio Furniture Division Responsibility Report
For the Year Ended December
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
