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The budget for Department 6 of Cardinal Company for the current month ending March 31 is as follows: During March, the costs incurred in Department
The budget for Department 6 of Cardinal Company for the current month ending March 31 is as follows: During March, the costs incurred in Department 6 of Cardinal Company were materials, $204,000; factory wages, $285,000; supervisory salaries, $63,600; depreciation of plant and equipment, $35,000; power and light, $21,360; insurance and property taxes, $14,400; and maintenance, $9,456. a. Prepare a budget performance report for the supervisor of Department 6 of Cardinal Company for the month of March. If an amount box does not require an entry, leave it blank, Use the minus sign to indicate under budget answers. b. Are there any significant variances ( 5% or greater) of the budgeted amounts that should be examined by the superviso
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