Budget performance report : This is a report which compares, enumerates, and reports the difference between the actual costs and the estimated or planned costs. If the actual costs are more than the estimated costs, the difference is reported as over budget. If the actual costs are less than the estimated costs, the difference is reported as under budget. To prepare : Budget performance report for the manager of E District, for the month ended December 31, 2016.

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Chapter 23, Problem 23.1BPR

(1)

To determine

Budget performance report: This is a report which compares, enumerates, and reports the difference between the actual costs and the estimated or planned costs. If the actual costs are more than the estimated costs, the difference is reported as over budget. If the actual costs are less than the estimated costs, the difference is reported as under budget.

To prepare: Budget performance report for the manager of E District, for the month ended December 31, 2016.

(2)

To determine

To indicate: The costs which the supervisor requires supplemental reports.

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