Budget Performance Reports for Cost Centers Partially completed budget performance reports for Runquist Company, a manufacturer of air conditioners, are provided below. RUNQUIST COMPANY Budget Performance Report-Vice President, Production For the Month Ended April 30 Plant Budget Actual Over Budget (Under) Budget Daytona $528,100 $528,100 $0 Little Rock 380,200 376,400 (3,800) Oxford (g) (h) (0) $0) $(k) $(1) $(3,800) RUNQUIST COMPANY Budget Performance Report-Plant Manager, Oxford Plant For the Month Ended April 30 Department Budget Actual Over Budget (Under) Budget Condenser Assembly $(a) $(b) $(c) Electronic Assembly 84,390 85,490 1,100 Final Assembly 134,180 133,110 $(1,070) $(d) $(e) $(0) $(1.070) RUNQUIST COMPANY Budget Performance Report-Supervisor, Condenser Assembly For the Month Ended April 30 Department Budget Actual Over Budget (Under) Budget Factory wages $31,790 $34,020 $2.230 Materials 73,790 73,270 $(520) Power and light 3,100 3,690 590 Maintenance 7,060 7.730 670 $115,740 $118,710 $3,490 $(520) a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a. - 1.) found above. 9 $ b. $ h $ c $ $ d $ $ e $ K b. If you were composing a memo to Jeff Kitchens, Vice President of Production, explaining the performance of the Production Division for April, you might include the following: The Oxford plant has experienced a budget while the Little Rock plant has experienced a budget The budget of the Oxford plant reveals that the Condenser Assembly Department caused the majority of the budget The budget for the Condenser Assembly Department indicates that the budget was caused by a combination of budget overruns in that exceeded a budget urlu in materiale