Question

Budget Performance Reports for Cost Centers Partially completed budget performance reports for Garland Company, a manufacturer of light duty motors, follow: Garland Company Budget Performance Report—Vice President, Production For the Month Ended November 30 Plant Actual Budget Over Budget Under Budget Eastern Region $433,800 $433,800 $0 Central Region 312,300 309,200 $3,100 Western Region (g) (h) (i) $(j) $(k) $(l) $2,380 Garland Company Budget Performance Report—Manager, Western Region Plant For the Month Ended November 30 Department Actual Budget Over Budget Under Budget Chip Fabrication $(a) $(b) $(c) Electronic Assembly 86,430 87,550 1,120 Final Assembly 139,150 138,040 $1,110 $(d) $(e) $(f) $3,490 Garland Company Budget Performance Report—Supervisor, Chip Fabrication For the Month Ended November 30 Cost Actual Budget Over Budget Under Budget Factory wages $20,160 $21,570 $1,410 Materials 64,350 63,900 $450 Power and light 3,140 3,740 600 Maintenance 8,500 9,310 810 $96,150 $98,520 $450 $2,820 a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above.

Answer 1