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Prepare a responsibility report for forest division

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Question - Forest Division operates as a profit centre. It reports the following actual results for the year: sales $1.005 million; variable costs $349,000; controllable fixed costs $217,000; and non-controllable fixed costs $100,000.

The annual budgeted amounts were: sales $1.113 million; variable costs $468,800; controllable fixed costs $217,000; and non-controllable fixed costs $100,000.

Prepare a responsibility report for Forest Division at December 31, 2020.

Reference no: EM133177070

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