EBK ACCOUNTING PRINCIPLES
EBK ACCOUNTING PRINCIPLES
13th Edition
ISBN: 9781119411017
Author: Weygandt
Publisher: WILEY
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Chapter 25, Problem 15E

a

To determine

Introduction:

The responsibility report prepared by the management determines the contribution margin and controllable margin. Here, the contribution margin is computed by subtracting variable costs from revenue, and the controllable margin is computed by subtracting controllable fixed costs from the contribution margin.

: The missing figures.

b

To determine

Introduction:

The management prepares a responsibility report to evaluate the efficiency in generating revenue and controlling the cost. It helps in comparing the actual and estimated controllable costs.

To prepare: The responsibility report.

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EBK ACCOUNTING PRINCIPLES

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