Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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
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 Snowmobile $19,500 10,400 4,300 3.300 6,000 360 5,700 $49,560 Raw materials Employee wages Dept. manager salary Supplies used Depreciation Equip. Utilities Rent Totals Budget ATV $27,500 20,500 5,200 900 12,500 540 6,300 $73,440 Combined $ 47,000 30,900 9,500 4,200 18,500 900 12,000 $123,000 Snowmobile $19,420 10,660 4,400 3,170 6,000 330 5,300 $49,280 Actual ATV Combined $28,820 $ 48,240 21,240 31,900 4,400 8,800 920 4,090 12,500 18,500 500 830 6.300 11,600 $74,680 $123,960 ces 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 Prepare a responsibility accounting report for the ATV department. (Under budget amounts should be indicatec 5 Over (Under) Budget Responsibility Accounting Performance Report Dept. Manager, ATV Department For the Year Budgeted Actual Amount Amount Controllable Costs: Raw materials Employee wages Supplies used Depreciation-Equipment Totals
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started