Required information [The following information applies to the questions displayed below.] Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own manager. Each responsibility performance report includes only those costs that the department manager can control: direct materials, direct labor, supplies used, and utilities. Totals For Year Ended December 31 Direct materials Direct labor Department manager salaries Supplies used Utilities Rent Totals Direct materials Direct labor Supplies used Utilities Controllable Costs Prepare a responsibility accounting performance report for the ATV department. Note: Under budget amounts should be indicated by a minus sign. Responsibility Accounting Performance Report Manager, ATV Department For Year Ended December 31 $ $ Answer is complete but not entirely correct. Budgeted Budget Snowmobile $ 19,500 10,400 4,300 3,300 360 5,700 $ 43,560 19,500 $ 10,400 x 3,300 x 360 x 33,560 $ Actual 19,420 x $ 10,660X 3,170 X 330 ATV $ 27,500 20,500 5,200 33,580 900 540 6,300 $ 60,940 $ Over (Under) Budget (80) x 260 x (130) (30) 20 Actual Snowmobile $ 19,420 10,660 4,400 3,170 330 5,300 $ 43,280 ATV $ 28,820 21,240 4,400 920 500 6,300 $ 62,180
Required information [The following information applies to the questions displayed below.] Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own manager. Each responsibility performance report includes only those costs that the department manager can control: direct materials, direct labor, supplies used, and utilities. Totals For Year Ended December 31 Direct materials Direct labor Department manager salaries Supplies used Utilities Rent Totals Direct materials Direct labor Supplies used Utilities Controllable Costs Prepare a responsibility accounting performance report for the ATV department. Note: Under budget amounts should be indicated by a minus sign. Responsibility Accounting Performance Report Manager, ATV Department For Year Ended December 31 $ $ Answer is complete but not entirely correct. Budgeted Budget Snowmobile $ 19,500 10,400 4,300 3,300 360 5,700 $ 43,560 19,500 $ 10,400 x 3,300 x 360 x 33,560 $ Actual 19,420 x $ 10,660X 3,170 X 330 ATV $ 27,500 20,500 5,200 33,580 900 540 6,300 $ 60,940 $ Over (Under) Budget (80) x 260 x (130) (30) 20 Actual Snowmobile $ 19,420 10,660 4,400 3,170 330 5,300 $ 43,280 ATV $ 28,820 21,240 4,400 920 500 6,300 $ 62,180
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter4: Job-order Costing And Overhead Application
Section: Chapter Questions
Problem 34BEB: Use the following information for Brief Exercises 4-34 and 4-35: Sanjay Company manufactures a...
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![Required information
[The following information applies to the questions displayed below.]
Arctica manufactures snowmobiles and ATVs. These products are made in different departments,
and each department has its own manager. Each responsibility performance report includes only
those costs that the department manager can control: direct materials, direct labor, supplies used,
and utilities.
Totals
For Year Ended December 31
Direct materials
Direct labor
Department manager salaries
Supplies used
Utilities
Rent
Totals
Direct materials
Direct labor
Supplies used
Utilities
Controllable Costs
Prepare a responsibility accounting performance report for the ATV department.
Note: Under budget amounts should be indicated by a minus sign.
Responsibility Accounting Performance Report
Manager, ATV Department
For Year Ended December 31
$
Answer is complete but not entirely correct.
$
Budgeted
19,500 $
10,400 x
3,300 x
360 x
Budget
Snowmobile
$ 19,500
10,400
4,300
3,300
360
5,700
$ 43,560
33,560
$
Actual
19,420 x $
10,660X
3,170 X
330
ATV
$ 27,500
20,500
5,200
900
540
6,300
$ 60,940
33,580
$
Over
(Under)
Budget
(80)
260 x
(130)
(30)
20
Actual
Snowmobile
$ 19,420
10,660
4,400
3,170
330
5,300
$ 43,280
ATV
$ 28,820
21,240
4,400
920
500
6,300
$ 62,180](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa3aee5f4-3513-4f47-9b3f-33eeb9b6ee1a%2F69c4ac43-82f1-4723-af25-eea4d07764b6%2F8j2geo9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
Arctica manufactures snowmobiles and ATVs. These products are made in different departments,
and each department has its own manager. Each responsibility performance report includes only
those costs that the department manager can control: direct materials, direct labor, supplies used,
and utilities.
Totals
For Year Ended December 31
Direct materials
Direct labor
Department manager salaries
Supplies used
Utilities
Rent
Totals
Direct materials
Direct labor
Supplies used
Utilities
Controllable Costs
Prepare a responsibility accounting performance report for the ATV department.
Note: Under budget amounts should be indicated by a minus sign.
Responsibility Accounting Performance Report
Manager, ATV Department
For Year Ended December 31
$
Answer is complete but not entirely correct.
$
Budgeted
19,500 $
10,400 x
3,300 x
360 x
Budget
Snowmobile
$ 19,500
10,400
4,300
3,300
360
5,700
$ 43,560
33,560
$
Actual
19,420 x $
10,660X
3,170 X
330
ATV
$ 27,500
20,500
5,200
900
540
6,300
$ 60,940
33,580
$
Over
(Under)
Budget
(80)
260 x
(130)
(30)
20
Actual
Snowmobile
$ 19,420
10,660
4,400
3,170
330
5,300
$ 43,280
ATV
$ 28,820
21,240
4,400
920
500
6,300
$ 62,180
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