Calculate missing amounts in responsibility reports for three profit centres, and prepare a responsibility report. E11.29 (LO 3) Longhead Footwear Limited has three divisions that are operated as profit centres. Actual operating data for the divisions are as follows: Operating Data Contribution margin Controllable fixed costs Controllable margin Sales Variable costs Women's Men's Children's Shoes Shoes Shoes $250,000 (c) $180,000 100,000 (d) (a) $ 90,000 600,000 (b) 450,000 320,000 (e) 95,000 (f) 250,000 Instructions a. Calculate the missing amounts. Show your calculations. b. Prepare a responsibility report for the women's shoe division assuming (1) the da are for the month ended June 30, 2022, and (2) all data match the budgeted amounts, except variable costs, which are $10,000 over budget.

Calculate missing amounts in responsibility reports for three profit centres, and prepare a responsibility report. E11.29 (LO 3) Longhead Footwear Limited has three divisions that are operated as profit centres. Actual operating data for the divisions are as follows: Operating Data Contribution margin Controllable fixed costs Controllable margin Sales Variable costs Women's Men's Children's Shoes Shoes Shoes $250,000 (c) $180,000 100,000 (d) (a) $ 90,000 600,000 (b) 450,000 320,000 (e) 95,000 (f) 250,000 Instructions a. Calculate the missing amounts. Show your calculations. b. Prepare a responsibility report for the women's shoe division assuming (1) the da are for the month ended June 30, 2022, and (2) all data match the budgeted amounts, except variable costs, which are $10,000 over budget.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter8: Tactical Decision-making And Relevant Analysis

Section: Chapter Questions

Problem 11MCQ: Garrett Company provided the following information: Common fixed cost totaled 46,000. Garrett...

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