Fey Company's organization chart includes the president; the vice president of production; three assembly factories-Dallas, Atlanta, and Tucson; and two departments within each factory- Machining and Finishing. Budget and actual manufacturing cost data for July 2022 are as follows.

The Dallas factory manager's office costs were $95,000 actual and $92,000 budget. The vice president of production's office costs were $132,000 actual and $130,000 budget. Office costs are not allocated to departments and factories.

Instructions

Using the format shown in Illustration 25.19, prepare the reports in a responsibility system for:

a. The Finishing Department-Dallas.b. The factory manager-Dallas.c. The vice president of production.

Transcribed Image Text:

Finishing Department-Dallas: direct materials $42,500 actual, $44,000 budget; direct labor $83,400 actual, $82,000 budget; manufacturing overhead $51,000 actual, $49,200 budget. Machining Department-Dallas: total manufacturing costs $220,000 actual, $219,000 budget. Atlanta Factory: total manufacturing costs $424,000 actual, $420,000 budget. Tucson Factory: total manufacturing costs $494,200 actual, $496,500 budget.