Question
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 5,300 10,770 4,500 3,270 Budget Actual Snowmobile $ 19,610 ATV $ 27,600 Snowmobile $ 19,520 ATV 10,500 4,400 20,600 $ 28,930 21,350 4,500 3,410 370 910 550 5,800 $44,090 6,400 340 5,400 510 6,400 $ 61,360 $ 43,800 $ 62,630 940 Exercise 24-1 (Algo) Responsibility accounting performance report LO P1 Prepare a responsibility accounting performance report for the snowmobile department. Note: Under budget amounts should be indicated by a minus sign. Exercise 24-1 (Algo) Responsibility accounting performance report LO P1 Prepare a responsibility accounting performance report for the snowmobile department. Note: Under budget amounts should be indicated by a minus sign. Responsibility Accounting Performance Report Manager, Snowmobile Department For Year Ended December 31 Controllable Costs Budgeted Actual Over (Under) Budget Totals $ 0 $ 0 $ 0
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