Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Prepare the Manufacturing overheadCutting Department managerSeattle division responsibility report. Prepare the Manufacturing overheadSeattle division manager responsibility report. Rank the comparative performances of department managers in
Prepare the Manufacturing overheadCutting Department managerSeattle division responsibility report.
Prepare the Manufacturing overheadSeattle division manager responsibility report.
Rank the comparative performances of department managers in the Seattle Division.
Prepare the Manufacturing overheadvice president of production responsibility report.
Rank the comparative performances of division managers.
Prepare the Manufacturing overhead and expensespresident responsibility report.
Rank the comparative performances of vice presidents.
Problem 10-6A (Part Level Submission) (Video) Durham Company uses a responsibility reporting system. It has divisions in Denver, Seattle, and San Diego. Each division has three production departments: Cutting, Shaping, and Finishing. The responsibility for each department rests with a manager who reports to the division production manager. Each division manager reports to the vice president of production. There are also vice presidents for marketing and finance. All vice presidents report to the president. In January 2020, controllable actual and budget manufacturing overhead cost data for the departments and divisions were as shown below. Actual Budget Manufacturing Overhead Individual costs-Cutting Department- Seattle Indirect labor Indirect materials Maintenance Utilities Supervision $73,500 48,200 21,000 20,200 22,400 $185,300 $69,700 46,000 18,000 17,000 19,500 $170,200 Total costs Shaping Department-Seattle Finishing Department-Seattle Denver division San Diego division $158,300 210,500 678,500 721,900 $148,000 203,900 672,600 714,800 Additional overhead costs were incurred as follows: Seattle division production manager-actual costs $53,000, budget $51,400; vice president of production-actual costs $65,400, budget $64,200; president-actual costs $76,700, budget $73,700. These expenses are not allocated. The vice presidents who report to the president, other than the vice president of production, had the following expenses. Vice President Marketing Finance Actual $133,300 109,300 Budget $130,500 104,900 (a) Prepare the Manufacturing overhead-Cutting Department manager-Seattle division responsibility report. To Cutting Department Manager-Seattle Division Month: January Favorable Unfavorable Neither Favorable nor Unfavorable Controllable Costs: Budget Actual Total Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR PROBLEM By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER Problem 10-6A (Part Level Submission) (Video) Durham Company uses a responsibility reporting system. It has divisions in Denver, Seattle, and San Diego. Each division has three production departments: Cutting, Shaping, and Finishing. The responsibility for each department rests with a manager who reports to the division production manager. Each division manager reports to the vice president of production. There are also vice presidents for marketing and finance. All vice presidents report to the president. In January 2020, controllable actual and budget manufacturing overhead cost data for the departments and divisions were as shown below. Actual Budget Manufacturing Overhead Individual costs-Cutting Department- Seattle Indirect labor Indirect materials Maintenance Utilities Supervision $73,500 48,200 21,000 20,200 22,400 $185,300 $69,700 46,000 18,000 17,000 19,500 $170,200 Total costs Shaping Department-Seattle Finishing Department-Seattle Denver division San Diego division $158,300 210,500 678,500 721,900 $148,000 203,900 672,600 714,800 Additional overhead costs were incurred as follows: Seattle division production manager-actual costs $53,000, budget $51,400; vice president of production-actual costs $65,400, budget $64,200; president-actual costs $76,700, budget $73,700. These expenses are not allocated. The vice presidents who report to the president, other than the vice president of production, had the following expenses. Vice President Marketing Finance Actual $133,300 109,300 Budget $130,500 104,900 (a) Prepare the Manufacturing overhead-Cutting Department manager-Seattle division responsibility report. To Cutting Department Manager-Seattle Division Month: January Favorable Unfavorable Neither Favorable nor Unfavorable Controllable Costs: Budget Actual Total Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR PROBLEM By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 0 of 3 usedStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started