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Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own manager. Each responsibility performance report only includes

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Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own manager. Each responsibility performance report only includes those costs that the particular department manager can control raw materials, wages, supplies used, and equipment depreciation. Budget Actual Snowmobile ATV Combined Snowmobile NTV Combined Raw materiale $ 20,810 $28,800 $ 49,610 $20, 720 $30,250 $ 50,970 Employee wages 11,700 21,800 33,500 12,090 22,670 34,760 Dept. manager salary 5,600 6,500 12,100 5,700 5,700 11,400 Supplies used 4,730 1.030 5,760 4,470 1,070 5,540 Depreciation Equip. 7,300 13,800 21,100 7,300 13,800 21,100 Utilities 490 670 1,160 460 630 1,090 Rent 7,000 7,600 14,600 6,600 7,600 14,200 Totals $57,630 $80,200 $137,830 $57,340 $81,720 $139,060 Prepare a responsibility accounting report for the ATV department (Under budget amounts should be indicated by a minus sign.) Responsibility Accounting Performance Report Dept. Manager, ATV Department For the Year Budgeted Actual Amount Over (Under Amount Budget Controllable Conts: Raw materials Employee wages Supplies used Depreciation Equipment Totais $ 0 $ 0 $ 0 Accounts payable, end of year Accounts receivable, net, end of year Inventory, end of year Net sales Cost of goods sold Current Year Prior Year $ 9,543 5 13,488 31, 225 19, 108 11,844 11,375 159,000 106,000 77,000 115,000 (1) Use the information above to compute the number of days in the cash conversion cycle for each year, (2) Did the company manage cash more effectively in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the information above to compute the number of days in the cash conversion cycle for each year. (Use 365 days in a year. Round calculations to the nearest whole day.) Current year days Prior year days Cash conversion cycle Required 2 >

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