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**** QUESTION #1 **** **** QUESTION #2: **** Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its
**** QUESTION #1 ****
**** QUESTION #2: ****
Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own manager. Each responsibility performance report only includes those costs that the particular department manager can control: raw materials, wages, supplies used, and equipment depreciation. Budget Actual Snowmobile Combined $.50,390 34,300 12,900 7,770 21,900 1,240 15.400 $60,090 $83,810 $143,900 Snowmobile Raw materials Employee wages Dept. manager salary Supplies used Depreciation-Equip Utilities Rent $21,190 12,100 6,000 5,170 7,700 530 7,400 ATV $29,200 22,200 6,900 2,600 14,200 ATV Combined $21,120 $30,520 $ 51,640 22,940 35,470 6,100 12,200 7,490 14,200 21,900 1,170 15,000 $59,820 $85,050 $144,870 12,530 6,100 4,870 7,700 500 7,000 2,620 710 670 8,000 8,000 Totals Prepare a responsibility accounting report for the snowmobile department. (Under budget amounts should be indicated by a minus sign.) Responsibility Accounting Performance Report Dept. Manager, Snowmobile Department For the Year Budgeted Amount Actual Amount Bugt Over (Under) Controllable Costs Raw materials Employee wages Supplies used Depreciation-Equipment TotalsStep by Step Solution
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