Budget Performance Reports for Cost Centers Partially completed budget performance reports for EZ Breezy Company, a manufacturer of air conditioners, are provided next. EZ BREEZY COMPANY Budget Performance Report-Vice President, Production For the Month Ended April 30 Plant Actual San Diego Anaheim $1,143,950 Budget $1,150,000 Over Budget (Under) Budget $(6,050) 1,494,200 1,500,000 (5,800) Chula Vista (g) (h) (4) $(1) $(k) $(1) $(11,850) EZ BREEZY COMPANY Budget Performance Report-Plant Manager, Chula Vista Plant For the Month Ended April 30 Department Condenser Assembly Actual Budget Over Budget (Under) Budget $(a) $(b) $(c) Electronic Assembly Final Assembly 351,600 350,000 1,600 258,300 262,500 $(4,200) $(d) $(e) $(f) $(4,200) Cost EZ BREEZY COMPANY Budget Performance Report-Supervisor, Condenser Assembly For the Month Ended April 30 Actual Budget Over Budget (Under) Budget Department Condenser Assembly Actual For the Month Ended April 30 Budget Over Budget (Under) Budget $(a) $(b) $(c) Electronic Assembly 351,600 350,000 1,600 Final Assembly 258,300 262,500 $(4,200) $(d) $(e) $(f) $(4,200) EZ BREEZY COMPANY Budget Performance Report-Supervisor, Condenser Assembly For the Month Ended April 30 Cost Actual Budget. Over Budget (Under) Budget Factory wages $47,750 $41,000 $6,750 Materials 57,650 60,000 $(2,350) Power and light 24,975 22,500 2,475 Maintenance 18,600 14,000 4,600 $148,975 $137,500 $13,825 $(2.350) a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a. 1.) found above. b. Complete the memo to Bop Higgins, vice president of EZ Breezy, explaining the performance of the Production Division for April, you might include the following: TO: Bop Higgins, Vice President FROM: Accountant SUBJECT: Production Division for April The Chula Vista plant has experienced a budget, have experienced a budget MEMORANDUM- The budget of the Chula Vista plant reveals that the Condenser Assembly Department caused the majority of the budget, Condenser Assembly Department indicates that the budget, of budget overruns in while the San Diego and Anaheim plants The budget for the was caused by a combination that exceeded a budget surplus in materials