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    Jantzen Manufacturing Inc - Patio Furniture Division

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    Jantzen Manufacturing Inc. operates the Patio Furniture Division as a profit center. Operating data for this division for the year ended December 31, 2008, are as shown below.
    Budget
    Difference
    from Budget

    Sales $2,500,000 $60,000 F
    Cost of goods sold
    Variable 1,300,000 41,000 F
    Controllable fixed 200,000 6,000 U
    Selling and administrative
    Variable 220,000 7,000 U
    Controllable fixed 50,000 2,000 U
    Noncontrollable fixed costs 70,000 4,000 U

    In addition, Jantzen Manufacturing incurs $180,000 of indirect fixed costs that were budgeted at $175,000. Twenty percent (20%) of these costs are allocated to the Patio Furniture Division.

    Prepare a responsibility report for the Patio Furniture Division for the year.

    See attached and complete report

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    The solution prepares responsibility report for the Patio Furniture Division

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