Folsom Inc. prepared a budget at the start of the year, which anticipated

a profit of $$100,000.$ The actual results showed a profit of $$250,000.$

When the actual results became known, the company decided to invest in

some new production machinery.

Required

Of the actions stated above, identify which are scorekeeping, which are

attention directing, and which are decision making.

Folsom Inc. prepared a budget at the start of the year, which anticipated

a profit of $$100,000.$ The actual results showed a profit of $$250,000.$ You

are given the budget and actual results below:

Required

Comment on the year's results. Should management's attention be drawn

to any particular aspect of the company performance?