Budget Performance Reports for Cost Centers Partially completed budget performance reports for Delmar Company, a manufacturer of light duty motors, follow: Delmar Company Budget Performance Report-Vice President, Production For the Month Ended June 30 Plant Actual Budget Over Budget (Under) Budget Eastern Region $529,100 $529,100 $0 Central Region 377,200 381,000 (3,800) Western Region (9) (h) $(k) $(j) $(1) $(3,800) Delmar Company Budget Performance Report-Manager, Western Region Plant For the Month Ended June 30 Department (Under) Budget Chip Fabrication Actual $(a) 88,870 Budget $(b) 87,730 141,250 Over Budget $(c) 1,140 Electronic Assembly Final Assembly 140,120 $(1,130) $(d) $(e) $(f) $(1,130) Delmar Company Budget Performance Report-Supervisor, Chip Fabrication For the Month Ended June 30 Actual Budget Over Budget (Under) Budget Cost Factory wages $34,050 $31,820 $2,230 Materials 73,860 $(520) Power and light 650 4,070 7,390 74,380 3,420 6,750 $116,370 Maintenance 640 $119,370 $3,520 $(520) a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-I) as marked above. r g. $ j. $ o w b. Complete the following memo to Randi Wilkes, vice president of production for Delmar Company, explaining the performance of the production division for June. b. Complete the following memo to Randi Wilkes, vice president of production for Delmar Company, explaining the performance of the production division for June. MEMO To: Randi Wilkes, Vice President of Production The Western Region plant has experienced a budget overrun. Its budget reveals that the Chip Fabrication Department caused the majority of the budget overrun. The supervisor of the Chip Fabrication Department should investigate the reasons for the budget overruns in factory wages, power and light, and maintenance , Feedback Check My Work a. Solve for (a) & (b) from the totals for the Chip Fabrication Report. Solve for (C) and the remaining amounts. Amounts (d) and (g) will be the same; amounts (e) and (h) will be the same; and amounts (i) and (1) will be the same. b. Review what is happening within the regions and how they are performing within their budgets. Discuss possible causes for the budget overruns