The Deep South Division operates as a profit center. It reports the following for the year.
|
Budgeted |
Actual |
|
|
Sales |
$2,000,000 |
$1,800,000 |
|
Variable costs |
800,000 |
750,000 |
|
Controllable fixed costs |
550,000 |
550,000 |
|
Non controllable fixed costs |
250,000 |
250,000 |
Prepare a responsibility report for the Deep South Division at December 31, 2010.