Valotic Tech Inc. sells electronics over the Internet. The Consumer Products Division is organized as a cost center. The budget for the Consumer Products Division for the month ended January 31, 2016, is as follows:

1	Customer service salaries	$546,840.00
2	Insurance and property taxes	114,660.00
3	Distribution salaries	872,340.00
4	Marketing salaries	1,028,370.00
5	Engineer salaries	836,850.00
6	Warehouse wages	586,110.00
7	Equipment depreciation	183,792.00
8	Total	$4,168,962.00

During January, the costs incurred in the Consumer Products Division were as follows:

1	Customer service salaries	$602,350.00
2	Insurance and property taxes	110,240.00
3	Distribution salaries	861,200.00
4	Marketing salaries	1,085,230.00
5	Engineer salaries	820,008.00
6	Warehouse wages	562,632.00
7	Equipment depreciation	183,610.00
8	Total	$4,225,270.00

VALOTIC TECH INC.

Budget Performance ReportDirector, Consumer Products Division

For the Month Ended January 31, 2016

1		Budget	Actual	Over Budget	Under Budget
2	Customer service salaries
3	Insurance and property taxes
4	Distribution salaries
5	Marketing salaries
6	Engineer salaries
7	Warehouse wages
8	Equipment depreciation
9	Total