Budget Performance Report for a Cost Center

Funderburk 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:

Customer service salaries	$628,870
Insurance and property taxes	131,860
Distribution salaries	1,003,190
Marketing salaries	1,182,630
Engineer salaries	962,380
Warehouse wages	674,030
Equipment depreciation	211,360
Total	$4,794,320

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

Customer service salaries	$692,700
Insurance and property taxes	126,780
Distribution salaries	990,380
Marketing salaries	1,248,010
Engineer salaries	943,010
Warehouse wages	647,030
Equipment depreciation	211,150
Total	$4,859,060

Required:

1. Prepare a budget performance report for the director of the Consumer Products Division for the month of January. If an amount box does not require an entry, leave it blank.

Funderburk, Inc.
Budget Performance ReportDirector, Consumer Products Division
For the Month Ended January 31
	Actual	Budget	Over Budget	Under Budget
Customer service salaries	$fill in the blank 42ea0501df84068_1	$fill in the blank 42ea0501df84068_2	$fill in the blank 42ea0501df84068_3	$fill in the blank 42ea0501df84068_4
Insurance and property taxes	fill in the blank 42ea0501df84068_5	fill in the blank 42ea0501df84068_6	fill in the blank 42ea0501df84068_7	fill in the blank 42ea0501df84068_8
Distribution salaries	fill in the blank 42ea0501df84068_9	fill in the blank 42ea0501df84068_10	fill in the blank 42ea0501df84068_11	fill in the blank 42ea0501df84068_12
Marketing salaries	fill in the blank 42ea0501df84068_13	fill in the blank 42ea0501df84068_14	fill in the blank 42ea0501df84068_15	fill in the blank 42ea0501df84068_16
Engineer salaries	fill in the blank 42ea0501df84068_17	fill in the blank 42ea0501df84068_18	fill in the blank 42ea0501df84068_19	fill in the blank 42ea0501df84068_20
Warehouse wages	fill in the blank 42ea0501df84068_21	fill in the blank 42ea0501df84068_22	fill in the blank 42ea0501df84068_23	fill in the blank 42ea0501df84068_24
Equipment depreciation	fill in the blank 42ea0501df84068_25	fill in the blank 42ea0501df84068_26	fill in the blank 42ea0501df84068_27	fill in the blank 42ea0501df84068_28
Total	$fill in the blank 42ea0501df84068_29	$fill in the blank 42ea0501df84068_30	$fill in the blank 42ea0501df84068_31	$fill in the blank 42ea0501df84068_32