1. Budget performance report for a cost center

GHT 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 $ 556,840

Insurance and property taxes 124,660

Distribution salaries 882,340

Marketing salaries 1,038,370

Engineer salaries 846,850

Warehouse wages 596,110

Equipment depreciation 193,792

Total $ 4,238,962

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

Customer service salaries $ 612,350

Insurance and property taxes 120,240

Distribution salaries 871,200

Marketing salaries 1,095,230

Engineer salaries 830,008

Warehouse wages 572,632

Equipment depreciation 193,610

Total $ 4,295,270

Instructions:

Prepare a budget performance report for the director of the Consumer Products Division for

the month of January.