Budget Performance Reports for Cost Centers Partially completed budget performance reports for Iliad Company, a manufacturer of air conditioners, are provided below. Iliad Company Budget Performance ReportVice President, Production For the Month Ended April 30, 2014 Plant Budget Actual Over Budget Under Budget Mid-Atlantic Region $428,900 $428,900 $0 West Region 308,800 305,700 3,100 South Region (g) (h) (i) $(j) $(k) $(l) $3,100 Iliad Company Budget Performance ReportManager, South Region Plant For the Month Ended April 30, 2014 Department Budget Actual Over Budget Under Budget Chip Fabrication $(a) $(b) $(c) Electronic Assembly 72,340 73,280 940 Final Assembly 117,190 116,250 $940 $(d) $(e) $(f) $940 Iliad Company Budget Performance ReportSupervisor, Chip Fabrication For the Month Ended April 30, 2014 Cost Budget Actual Over Budget Under Budget Factory wages $27,230 $29,140 $1,910 Materials 68,390 67,910 $480 Power and light 3,400 4,050 650 Maintenance 7,210 7,890 680 $106,230 $108,990 $3,240 $480 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. $ b. The budget for the Chip Fabrication Department indicates that the budget overrun was caused by a combination of budget in wages, power and light, and maintenance that exceeded a budget in materials.