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. Raw materials Employee wages Dept. manager salary Supplies used Depreciation-Equip. Utilities Rent Snowmobile $20,480 11,400 5,300 4,400 7,000 Budget ATV $28,500 21,500 6,200 1,000 13,500 640 7,300 $78,640 Combined $ 48, 980 32,900 11,500 5,400 20,500 1,100 14,000 $134,380 Snowmobile $20, 420 11,760 5,400 4,170 7,000 430 6,300 $55, 480 Actual ATV Combined $29,920 $ 50, 340 22,340 34,100 5,400 10,800 1,040 5,210 13,500 20, 500 1,030 7, 300 13,600 $80,100 $135,580 460 600 6, 700 $55, 740 Totals 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 Amount Actual Amount Over (Under) Budget Controllable Costs: Raw materials Employee wages Supplies used Depreciation Equipment Totals $ 0 $ 0 $ Heart & Home Properties is developing a subdivision that includes 370 home lots. The 220 lots in the Canyon section are below a ridge and do not have views of the neighboring canyons and hills; the 150 lots in the Hilltop section offer unobstructed views. The expected selling price for each Canyon lot is $45,000 and for each Hilltop lot is $96,000. The developer acquired the land for $1,700,000 and spent another $3,000,000 on street and utilities improvements. Assign the joint land and improvement costs to the lots using the value basis of allocation and determine the average cost per lot. (Do not round your intermediate calculations.) Market Value Percent of Market Value Cost to Allocate Allocated Cost Quantity Average Lot of Lots Cost Numerator Denominator % of Mkt Value Canyon section 0 0 Hilltop section 0 0 Totals 0