Problem 2 (24 points) Partially completed budget performance reports for Peace World Conservation Shoes, Inc., a manufacturer of environmentally friendly shoes. Peace World Conservation Shoes, Inc Budget Performance Report-Supervisor, Hibiscus Assembly For the Month Ended April 30 Cost Actual Budget Over Budget (Under) Budget Factory wages $ $ 590,750 $ 560,000 $30,750 Materials 570,650 750,000 $(179,350) Utilities 340,975 375,000 $(34,025) Maintenance 325,600 290,000 35,600 TOTAL $1,827,975 $1,975,000 $66,350 $(213,375) Peace World Conservation Shoes, Inc Budget Performance Report-Plant Manager, Bronx Plant For the Month Ended April 30 Department Actual Budget Over Budget (Under) Budget Hibiscus $ (a) $ (b) $ (C) Assembly Cactus Assembly 351,600 350,000 1,600 Final Assembly 258,300 262,500 $(4,200) TOTAL $ (d) $ (e) $ (f) Peace World Conservation Shoes, Inc Budget Performance Report-Vice President, New York Production For the Month Ended April 30 Plant Actual Budget Over Budget (Under) Budget Staten Island $1,158,950 $1,168,000 $9,050 $ Brooklyn 1,494,200 1,500,000 $(5,800) Bronx (h) $(i) TOTAL $0) $ (k) $(1)