Question
The Mixing Department manager of Crede Company is able to control all overhead costs except rent, property taxes, and salaries. Budgeted monthly overhead costs for
The Mixing Department manager of Crede Company is able to control all overhead costs except rent, property taxes, and salaries. Budgeted monthly overhead costs for the Mixing Department, in alphabetical order, are:
Indirect Labor | $12,360 | Property Taxes | $1,030 |
Indirect Materials | $7,725 | Rent | $1,854 |
Lubricants | $1,751 | Salaries | $10,300 |
Maintenance | $3,605 | Utilities | $5,150 |
Actual costs incurred for January 2010 are indirect labor $12,566; indirect materials $10,506; lubricants $1,700; maintenance $3,605; property taxes $1,133; rent $1,854; salaries $10,300; and utilities $6,695.
Complete the responsibility report for January 2010. (List multiple entries from largest to smallest amounts, e.g. 10, 5, 2. If answer is zero, please enter 0, do not leave any fields blank.)
Controllable Cost | Budget | Actual | Difference | Favorable| Unfavorable |
$ | $ | $ | ||
$ | $ | $ | ||
$ | $ | $ | ||
$ | $ | $ | ||
$_________ | $______ | $______ | ||
$ | $ | $ |
(Controllable cost options: Lubricants, property taxes, salaries, utilities, indirect labor, rent, maintenance, indirect materials.)
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