what formulas should i use for the president responsibility report?
Durham Company uses a responsibility reporting system. It has divisions in Denver, Seattle, and San Diego. Each division has three production departments: Cutting, Shaping, and Finishing. The responsibility for each department rests with a manager who reports to the division production manager. Each division manager reports to the vice president of production. There are also vice presidents for marketing and nance. All vice presidents report to the president. In January 2020, controllable actual and budget manufacturing overhead cost data for the departments and divisions were as shown below. Manufacturing Overhead Actual Budget Individual costsCutting DepartmentSeattle Indirect labor $73,200 $69,900 Indirect materials 48,200 45,900 Maintena nce 20,600 17,600 Utilities 20,000 16,700 Su pervision 22,000 19,800 $184,000 $169,900 Total costs Shaping DepartmentSeattle $158,300 $148,800 Finishing DepartmentSeattle 210,700 204,000 Denver division 678,200 672,600 San Diego division 721,700 715,200 Additional overhead costs were incurred as follows: Seattle division production manageractual costs $52,100, budget $51,100; vice president of productionactual costs $65,200, budget $63,500; presidentactual costs $75,900, budget $74,700. These expenses are not allocated. The vice presidents who report to the president, other than the vice president of production, had the following expenses. The vice presidents who report to the president, other than the vice president of production, had the following expenses. Vice President Actual Budget Marketing $133,500 $130,000 Finance 108,900 105,000 V Your answer is correct. Prepare the Manufacturing overheadCutting Department managerSeattle division responsibility report. To Cutting Department ManagerSeattle Division Controllable Costs: {b l Indirect Labor l Indirect Materials {> \\ 4} Bl [ Maintenance Utilities 4} {D l Supervision Tota | Budget Actual nor U 69900 73200 3300 a 45900 48200 2300 a 17600 20600 3000 a 16700 20000 3300 a 19800 22000 2200 E 169900 184000 14100 n (b) Your answer is correct. Prepare the Manufacturing overhead-Seattle division manager responsibility report. To Division Production Manager-Seattle Favorable Unfavorable Neither Favoral Controllable Costs: Budget Actual nor Unfavorab Seattle Division to 51100 52100 to 1000 i Unfavor Departments: Cutting 169900 184000 14100 Unfavor Shaping 148800 158300 9500 Unfavor Finishing 204000 210700 6700 i Unfavor Total $ 573800 $ 605100 31300 Unfavor(c) Your answer is correct. Prepare the Manufacturing overhead-vice president of production responsibility report. To Vice President-Production Favorable Unfavorable Neither Favorable Controllable Costs: Budget Actual nor Unfavorable V-P Production $ 63500 65200 to 1700 Unfavorable Divisions: Seattle 573800 605100 31300 Unfavorable Denver 672600 678200 5600 i Unfavorable San Diego 715200 721700 6500 i Unfavorable Total $ 2025100 $ 2070200 $ 45100 i Unfavorable- Your answer is partially correct. Prepare the Manufacturing overhead and expenses-president responsibility report. To President Mon Favorable Unfavorable Neither Favorable Controllable Costs: Budget Actual nor Unfavorable President $ 74700 $ 75900 $ Vice-Presidents: Seattle Denver 672600 678200 San Diego 715200 721700 Total $
