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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Arctica manufactures snowmobiles and
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: $ 19,610 10,500 4,400 Budget Actual Snowmobile ATV $ 27,600 20,600 Snowmobile $ 19,520 ATV $ 28,930 10,770 5,300 4,500 21,350 4,500 3,410 910 3,270 370 5,800 550 6,400 340 5,400 510 6,400 $ 44,090 $ 61,360 $ 43,800 $ 62,630 940 Exercise 24-2 (Algo) Responsibility accounting performance report LO P1 Exercise 24-2 (Algo) Responsibility accounting performance report LO P1 Prepare a responsibility accounting performance report for the ATV department. Note: Under budget amounts should be indicated by a minus sign. Responsibility Accounting Performance Report Manager, ATV Department For Year Ended December 31 Controllable Costs Budgeted Over (Under) Actual Budget Totals $ 0 $ 0
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