For the year ending December 31 2020 Cobb Company

Last updated: 4/1/2023

For the year ending December 31 2020 Cobb Company accumulates the following data for the Plastics Division which it operates as an investment center contribution margin 658 580 budget 676 782 actual controllable fixed costs 301 100 budget 305 400 actual Average operating assets for the year were 1 986 000 Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending December 31 2020 Round ROI to 1 decimal place eg 1 5 COBB COMPANY Plastics Division Responsibility Report For the Year Ended December 31 2020