P14-1 Budget performance report for a cost center Sneed Industries Company sells vehicle parts to manufacturers of heavy construction equip ment. The Crane Division is organized as a cost center. The budget for the Crane Division for the month ended August 31, 20Y6, is as follows (in thousands): Customer service salaries $ 250,000 Insurance and property taxes 50,000 Distribution salaries 475,000 Marketing salaries 300,000 Engineer salaries 740,000 Warehouse wages 280,000 Equipment depreciation 155,000 Total $2,250,000 During August, the costs incurred in the Crane Division were as follows: Customer service salaries $368,000 Insurance and property taxes 49,100 Distribution salaries 469,500 Marketing salaries 371,000 Engineer salaries 738,250 Warehouse wages 274,900 Equipment depreciation 155,000 Total $2.425,750 Instructions 1. Prepare a budget performance report for the director of the Crane Division for the month of August. 2. For which costs might the director be expected to request supplemental reports