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	Budget		Actual		Over Budget		Under Budget
Eastern Region	$398,700		$398,700				$0
Central Region	287,100		284,200				(2,900)
Western Region	(g)		(h)		(i)
	$(j)		$(k)		$(l)		$(2,900)

Garland Company Budget Performance Report—Manager, Western Region Plant For the Month Ended November 30
Department	Budget		Actual		Over Budget		Under Budget
Chip Fabrication	$(a)		$(b)		$(c)
Electronic Assembly	70,910		71,830		920
Final Assembly	113,460		112,550				$(910)
	$(d)		$(e)		$(f)		$(910)

Garland Company Budget Performance Report—Supervisor, Chip Fabrication For the Month Ended November 30
Cost	Budget		Actual		Over Budget		Under Budget
Factory wages	$22,800		$24,400		$1,600
Materials	71,050		70,550				$(500)
Power and light	3,200		3,810		610
Maintenance	6,270		6,870		600
	$103,320		$105,630		$2,810		$(500)

a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above.

a. $	g. $
b. $	h. $
c. $	i. $
d. $	j. $
e. $	k. $
f. $	l. $

Answer 1

Answers

a.	$103,320
b.	$105,630
c.	$2,310
d.	$287,690
e.	$290,010
f.	$3,230
g.	$287,690
h.	$290,010
i.	$2,320
j.	$973,490
k.	$972,910
l.	$2,320

--Complete tables

Garland Company
Budget Performance Report—Vice President, Production
For the Month Ended November 30
Plant	Budget		Actual		Over Budget		Under Budget
Eastern Region	$398,700		$398,700				$0
Central Region	$287,100		$284,200				$2,900
Western Region [From Below table's TABLE]	$287,690		$290,010		$2,320
	$973,490		$972,910		$2,320		$2,900
Garland Company
Budget Performance Report—Manager, Western Region Plant
For the Month Ended November 30
Department	Budget		Actual		Over Budget		Under Budget
Chip Fabrication [data from below table's TOTAL]	$103,320		$105,630		$2,310
Electronic Assembly	$70,910		$71,830		$920
Final Assembly	$113,460		$112,550				$910
	$287,690		$290,010		$3,230		$910
Garland Company
Budget Performance Report—Supervisor, Chip Fabrication
For the Month Ended November 30
Cost	Budget		Actual		Over Budget		Under Budget
Factory wages	$22,800		$24,400		$1,600
Materials	$71,050		$70,550				$500
Power and light	$3,200		$3,810		$610
Maintenance	$6,270		$6,870		$600
TOTAL	$103,320		$105,630		$2,810		$500