Partially completed budget performance reports for Garland Company, a manufacturer of light duty motors, follow: Garland Company Budget Performance Report—Vice President, Production For the Month Ended November 30 Plant Actual Budget Over Budget Under Budget Eastern Region $553,800 $553,800 $0 Central Region 398,700 394,700 $4,000 Western Region (g) (h) (i) $(j) $(k) $(l) $2,700 Garland Company Budget Performance Report—Manager, Western Region Plant For the Month Ended November 30 Department Actual Budget Over Budget Under Budget Chip Fabrication $(a) $(b) $(c) Electronic Assembly 68,450 69,340 890 Final Assembly 109,520 108,640 $880 $(d) $(e) $(f) $3,580 Garland Company Budget Performance Report—Supervisor, Chip Fabrication For the Month Ended November 30 Cost Actual Budget Over Budget Under Budget Factory wages $26,430 $28,280 $1,850 Materials 75,850 75,320 $530 Power and light 3,610 4,300 690 Maintenance 7,190 7,870 680 $113,080 $115,770 $530 $3,220 a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above. a. g. b. h. c. i. d. j. e. k. f. l. b. The budget for the Chip Fabrication Department indicates that the budget overrun was caused by a combination of ? in factory wages, power and light, and maintenance that exceeded a ? in materials.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter10: Evaluating Decentralized Operations

Section: Chapter Questions

Problem 1E: Budget performance reports for cost centers Partially completed budget performance reports for...

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Budget Performance Reports for Cost Centers

Partially completed budget performance reports for Garland Company, a manufacturer of light duty motors, follow:

Garland Company Budget Performance Report—Vice President, Production For the Month Ended November 30
Plant	Actual	Budget	Over Budget	Under Budget
Eastern Region	$553,800		$553,800			$0
Central Region	398,700		394,700		$4,000
Western Region	(g)		(h)			(i)
	$(j)		$(k)		$(l)	$2,700

Garland Company Budget Performance Report—Manager, Western Region Plant For the Month Ended November 30
Department	Actual	Budget	Over Budget	Under Budget
Chip Fabrication	$(a)		$(b)			$(c)
Electronic Assembly	68,450		69,340			890
Final Assembly	109,520		108,640		$880
	$(d)		$(e)		$(f)	$3,580

Garland Company Budget Performance Report—Supervisor, Chip Fabrication For the Month Ended November 30
Cost	Actual	Budget	Over Budget	Under Budget
Factory wages	$26,430		$28,280			$1,850
Materials	75,850		75,320		$530
Power and light	3,610		4,300			690
Maintenance	7,190		7,870			680
	$113,080		$115,770		$530	$3,220

a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above.

a.	g.
b.	h.
c.	i.
d.	j.
e.	k.
f.	l.

b. The budget for the Chip Fabrication Department indicates that the budget overrun was caused by a combination of ? in factory wages, power and light, and maintenance that exceeded a ? in materials.

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