Actual Comparison with Budget Sales $ 1,400,000 $ 100,000 favorable Variable cost of goods sold 665,000
45,000 unfavorable Variable selling and administrative expenses 125,000
25,000 unfavorable Controllable fixed cost of goods sold 170,000 On target Controllable fixed selling and administrative expenses 80,000 On target
Average operating assets for the year for the Home Division were $ 2,000,000 which was also the budgeted amount.
Instructions