Question
Partially completed budget performance reports for Runquist Company, a manufacturer of air conditioners, are provided below. RUNQUIST COMPANY Budget Performance ReportVice President, Production For the
Partially completed budget performance reports for Runquist Company, a manufacturer of air conditioners, are provided below.
| RUNQUIST COMPANY Budget Performance ReportVice President, Production For the Month Ended April 30 | |||||||||
| Plant | Budget | Actual | Over Budget | (Under) Budget | |||||
| Daytona | $396,700 | $396,700 | $0 | ||||||
| Little Rock | 285,600 | 282,700 | (2,900) | ||||||
| Oxford | (g) | (h) | (i) | ||||||
| $(j) | $(k) | $(l) | $(2,900) |
| RUNQUIST COMPANY Budget Performance ReportPlant Manager, Oxford Plant For the Month Ended April 30 | |||||||||
| Department | Budget | Actual | Over Budget | (Under) Budget | |||||
| Condenser Assembly | $(a) | $(b) | $(c) | ||||||
| Electronic Assembly | 72,520 | 73,460 | 940 | ||||||
| Final Assembly | 116,760 | 115,830 | $(930) | ||||||
| $(d) | $(e) | $(f) | $(930) |
| RUNQUIST COMPANY Budget Performance ReportSupervisor, Condenser Assembly For the Month Ended April 30 | |||||||||
| Department | Budget | Actual | Over Budget | (Under) Budget | |||||
| Factory wages | $22,180 | $23,730 | $1,550 | ||||||
| Materials | 72,460 | 71,950 | $(510) | ||||||
| Power and light | 4,200 | 5,000 | 800 | ||||||
| Maintenance | 7,910 | 8,660 | 750 | ||||||
| $106,750 | $109,340 | $3,100 | $(510) |
Complete the budget performance reports by determining the correct amounts for the lettered spaces (a. - l.) found above.
| a. | $fill in the blank | g. | $fill in the blank |
| b. | $fill in the blank | h. | $fill in the blank |
| c. | $fill in the blank | i. | $fill in the blank |
| d. | $fill in the blank | j. | $fill in the blank |
| e. | $fill in the blank | k. | $fill in the blank |
| f. | $fill in the blank | l. | $fill in the blank |
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Intermediate Accounting Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
12th Canadian Edition
1119497043, 978-1119497042
