garrismunoz
04.08.2021 •
Business
The Real Estate Products Division of McKenzie Co. is operated as a profit center. Sales for the division were budgeted for 2016 at $1,250,000. The only variable costs budgeted for the division were cost of goods sold ($610,000) and selling and administrative ($80,000). Fixed costs were budgeted at $130,000 for cost of goods sold, $120,000 for selling and administrative and $95,000 for noncontrollable fixed costs. Actual results for these items were:
Sales $1,175,000
Cost of goods sold
Variable 545,000
Fixed 140,000
Selling and administrative
Variable 82,000
Fixed 100,000
Noncontrollable fixed 105,000
Required:
1. Prepare a responsibility report for the Real Estate Products Division for 2016.
2. Assume the division is an investment center, and average operating assets were $1,200,000.
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Ответ:
because sometimes they help us to get some medicine which can be used to cure a particular disease