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Thornton Corporation has four divisions: the assembly division, the processing division, the machining division, and the packing division. All four divisions are under the control
Thornton Corporation has four divisions: the assembly division, the processing division, the machining division, and the packing division. All four divisions are under the control of the vice president of manufacturing. Each division has a manager and several departments that are directed by supervisors. The chain of command runs downward from vice president to division manager to supervisor. The processing division is composed of the paint and finishing departments. The May responsibility reports for the supervisors of these departments follow: Budgeted Actual Variance Paint Department Controllable costs Raw materials 58,000 s 60,600 $2,600 u Labor Repairs Maintenance 59,300 67,200 7,999 U 6,400 5,310 1,09e F 30 F $127,900 $137,010 $9,110 u 4,20035300 Total Finishing Department Controllable costs Raw materials $ 46,000 43,400 $2,600 F 46,580 41,500 5,000 F 500 U Labor 3,630 2,6403,330 4,130 Repairs Maintenance 3,33e 690 U 98,770 s 92,360 $6,410 F Total Thornton uses flexible budgets for performance evaluation. Other pertinent cost data for May follow Budgeted* Actual Cost data of other divisions 630 4,130 500 0 690 U $98,770 $92,360 $6,410 F Maintenance 2,640 3,330 Total Thornton uses flexible budgets for performance evaluation. Other pertinent cost data for May follow. Budgeted* Actual Cost data of other divisions Assembly Machining Packing $388,000 $375,900 298,000 312, 400 422,950 407,300 Other costs associated with Processing division manager Vice president of manufacturing 220,900 136,000 145,060 223,200 Thornton uses flexible budgets for performance evaluation. Requlred e. Prepare a responsibility report for the manager of the processing division. b. Prepare a responsibility report for the vice president of manufacturing. Complete this question by entering your answers in the tabs below
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