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Budget Performance Reports for Cost Centers Partially completed budget performance reports for Garland Company, a manufacturer of light duty motors, follow: Garland Company Budget Performance
Budget Performance Reports for Cost Centers
Partially completed budget performance reports for Garland Company, a manufacturer of light duty motors, follow:
Garland Company Budget Performance ReportVice President, Production For the Month Ended November 30 | ||||||||
Plant | Actual | Budget | Over Budget | Under Budget | ||||
Eastern Region | $394,500 | $394,500 | $0 | |||||
Central Region | 284,000 | 281,200 | $2,800 | |||||
Western Region | (g) | (h) | (i) | |||||
$(j) | $(k) | $(l) | $2,530 |
Garland Company Budget Performance ReportManager, Western Region Plant For the Month Ended November 30 | ||||||||
Department | Actual | Budget | Over Budget | Under Budget | ||||
Chip Fabrication | $(a) | $(b) | $(c) | |||||
Electronic Assembly | 95,070 | 96,310 | 1,240 | |||||
Final Assembly | 152,110 | 150,890 | $1,220 | |||||
$(d) | $(e) | $(f) | $3,750 |
Garland Company Budget Performance ReportSupervisor, Chip Fabrication For the Month Ended November 30 | ||||||||
Cost | Actual | Budget | Over Budget | Under Budget | ||||
Factory wages | $21,620 | $23,130 | $1,510 | |||||
Materials | 69,270 | 68,790 | $480 | |||||
Power and light | 4,730 | 5,630 | 900 | |||||
Maintenance | 6,070 | 6,650 | 580 | |||||
$101,690 | $104,200 | $480 | $2,990 |
a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above.
a. $ | g. $ |
b. $ | h. $ |
c. $ | i. $ |
d. $ | j. $ |
e. $ | k. $ |
f. $ | l. $ |
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