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Question

Advent Manufacturing Company accumulates the following summary data for the year ending December 31, 2020, for its

water division. The division operates as a profit centre: sales—$2,043,900 budgeted, $2,180,900 actual; variable costs—$1,011,800 budgeted, $1,044,400 actual; and controllable fixed costs—$299,800 budgeted, $302,900 actual.



ADVENT MANUFACTURING COMPANY

Water Division

Responsibility Report

For the Year Ended December 31, 2020






Budget Actual difference favourable/unfavorable/neither

Controllable Margin ? ? ? ?

Sales ? ? ? ?

Fixed Costs ? ? ? ?

Variable Costs ? ? ? ?

Net Income/(Loss) ? ? ? ?

Contribution Margin ? ? ? ?

Gross Profit ? ? ? ?

Controllable Fixed Costs ? ? ? ?

Top Answer

ADVENT MANUFACTURING COMPANY's Responsibility... View the full answer

RESPONSIBILITY REPORT CAL..PNG

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