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ASAP. Artica manufactures snowmoblies and ATVS. These products are made in different departments, and each department has its own manager. Each responsibility performance report only
ASAP. Artica manufactures snowmoblies 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. Prepare a responsibility accounting report for the snowmobile department. (under budget amounts should be indicated by a minus sign.)
Raw materials Employee wages Dept. manager salary Supplies used Depreciation-Equip. Utilities Rent Totals Snowmobile $20,970 11,900 5,800 4,950 7,500 510 7,200 $58,830 Budget ATV Combined $29,000 $ 49,970 22,000 33,900 6,700 12,500 2,400 7,350 14,000 21,500 690 1,200 7,800 15,000 $82,590 $141, 420 Snowmobile $20,920 12,310 5,900 4,670 7,500 480 6,800 $58,580 Actual ATV Combined $30,320 $ 51,240 22,740 35,050 5,900 11,800 2,420 7,090 14,000 21,500 650 1,130 7,800 14,600 $83,830 $142, 410 Prepare a responsibility accounting report for the snowmobile department. (Under budget amounts sh sign.) Over (Under) Budget Responsibility Accounting Performance Report Dept. Manager, Snowmobile Department For the Year Budgeted Amount Actual Amount Controllable Costs Raw materials Employee wages Supplies used Depreciation-Equipment Totals $ 0 0 Step by Step Solution
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