1. Partially completed budget performance reports for Garland Company, a manufacturer of light duty motors, follow:

Garland COMPANY
Budget Performance ReportVice President, Production
For the Month Ended November 30
Plant	Actual	Budget	Over Budget	Under Budget
Eastern Region	$926,750	$929,000		$(2,250)
Central Region	664,400	668,000		(3,600)
Western Region	(G)	(H)	$(I)
	$(J)	$(K)	$(L)	$(5,850)

Garland COMPANY
Budget Performance ReportManager, Western Region Plant
For the Month Ended November 30
Department	Actual	Budget	Over Budget	Under Budget
Chip Fabrication	(A)	(B)	(C)
Electronic Assembly	$193,190	$190,500	$2,690
Final Assembly	306,250	307,000		$(750)
	$(D)	$(E)	$(F)	$(750)

Garland COMPANY
Budget Performance ReportSupervisor, Chip Fabrication
For the Month Ended November 30
Cost	Actual	Budget	Over Budget	Under Budget
Factory wages	$60,220	$58,720	$1,500
Materials	156,940	158,000		$(1,060)
Power and light	10,060	8,500	1,560
Maintenance	16,610	15,110	1,500
	$243,830	$240,330	$4,560	$(1,060)

Complete the budget performance reports by determining the correct amounts for the lettered spaces. Enter all amounts as positive numbers. No decimal places are needed.

A.
B.
C.
D.
E.
F.
G.
H.
I.
J.
K.
L.

2.

Valotic Tech Inc. sells electronics over the Internet. The Consumer Products Division is organized as a cost center. The budget for the Consumer Products Division for the month ended January 31 is as follows (in thousands):

1	Customer service salaries	$546,840.00
2	Insurance and property taxes	114,660.00
3	Distribution salaries	872,340.00
4	Marketing salaries	1,028,370.00
5	Engineer salaries	836,850.00
6	Warehouse wages	586,110.00
7	Equipment depreciation	183,792.00
8	Total	$4,168,962.00

During January, the costs incurred in the Consumer Products Division were as follows:

1	Customer service salaries	$602,350.00
2	Insurance and property taxes	110,240.00
3	Distribution salaries	861,200.00
4	Marketing salaries	1,085,230.00
5	Engineer salaries	820,008.00
6	Warehouse wages	562,632.00
7	Equipment depreciation	183,610.00
8	Total	$4,225,270.00

Prepare a budget performance report for the director of the Consumer Products Division for the month of January. For those boxes in which you must enter subtractive or negative numbers use a minus sign.

Question not attempted.

Score: 0/107

Valotic Tech Inc.

Budget Performance ReportDirector, Consumer Products Division

For the Month Ended January 31 (in thousands)

1		Actual	Budget	Over Budget	Under Budget
2	Customer service salaries
3	Insurance and property taxes
4	Distribution salaries
5	Marketing salaries
6	Engineer salaries
7	Warehouse wages
8	Equipment depreciation
9