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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Complete the following performance report for profit center P for the month ended December 31. If an amount is zero, enter "0". Enter all amounts as positive numbers. If required, round your answers to the nearest cent.
| Actual Results | Variance | Master Budget | ||
| Sales | $ | $20 | (F) | $120 |
| Controllable variable costs: | ||||
| Variable cost of goods sold | 25 | 10 | (U) | $ |
| Variable selling and administrative expenses | 15 | $ | Select(F)(U)Item 4 | 5 |
| Contribution margin | $100 | $ | $100 | |
| Controllable fixed costs | $ | 20 | (F) | 60 |
| Profit center operating income | $60 | $20 | (F) | $ |
| Performance measures: | ||||
| Number of orders processed | 50 | 20 | (F) | |
| Average daily sales | $ | $0.68 | (F) | $4.00 |
| Number of units sold | 100 | 40 | (F) |
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