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The Mixing Department manager of Riverbed Company is able to control all overhead costs except rent property taxes, and salaries. Budgeted monthly overhead costs for
The Mixing Department manager of Riverbed 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 $15,270 Property taxes $2,310 Indirect materials 8,300 Rent 2,890 Lubricants 1,650 Salaries 14,620 Maintenance 3,420 Utilities 5,010 Actual costs incurred for January 2017 are indirect labor $12,870; indirect materials $12, 210; lubricants $1,790; maintenance $3,420: property taxes $2,090; rent $2,890; salaries $14,620; and utilities $7,420. (a) Prepare a responsibility report for January 2017 RIVERBED COMPANY Mixing Department Responsibility Report Difference Favorable F Unfavorable U Neither Favorable nor Unfavorable N Controllable Costs Budget Actual The Mixing Department manager of Riverbed Company is able to control all overhead costs except rent, property taxes, and salar Budgeted monthly overhead costs for the Mixing Department, in alphabetical order, are: Indirect labor $15,270 Property taxes $2,310 Indirect materials 8,300 Rent 2,890 Lubricants 1.650 14,620 Salaries Utilities Maintenance 3,420 5,010 W Actual costs incurred for January 2017 are indirect labor $12.870; indirect materials $12,210 lubricants $1.790; maintenance $3,420: property taxes $2,090; rent $2,890: salaries $14,620; and utilities $7.420. (a) Prepare a responsibility report for January 2017
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