Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own manager. Each responsibility performance report includes only those costs that the department manager can control: direct materials, direct labor, supplies used, and utilities. For Year Ended December 31 Direct materials Direct labor Department manager salaries Supplies used Utilities Rent Totals Budget Actual Snowmobile $ 20,210 ATV $ 28,200 Snowmobile $ 20,120 ATV $ 29,590 11,100 5,000 4,070 430 6,400 21,200 5,900 970 610 7,000 11,430 5,100 3,870 $ 47,210 $ 63,880 $ 46,920 400 6,000 22,010 5,100 1,020 570 7,000 $ 65,290 Exercise 24-2 (Algo) Responsibility accounting performance report LO P1 Prepare a responsibility accounting performance report for the ATV department. (Under budget amounts should be indicated by a minus sign.) Responsibility Accounting Performance Report Manager, ATV Department For Year Ended December 31 Totals Controllable Costs Budgeted Over (Under) Actual Budget