Question: t, Accounting Principles, 12e Brief Exercise 24-8 For the year ending December 31, 2017, Cobb Company accumulates the following data for the Plastics Division which

t, Accounting Principles, 12e Brief Exercise 24-8 For the year ending December 31, 2017, Cobb Company accumulates the following data for the Plastics Division which it operates as an investment center: contribution margin-$6s2,320 budget, $660,967 actual; controllable fixed costs-$301,500 budget, s304,300 actual. Average operating assets for the year were $1,949,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin. (Round Rol to 1 decimal place e 1.5.) COBB COMPANY Plastics Division Responsibility Report For the Year Ended December 31, 2017 Unfavorable Neither Favorable Actual nor Unfavorable Question Attempts 0 of 5 used SAVE ORLATER SUI 20ufuohn asons All Rights Reserved. A Division of John WlerA Sons Inc

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