A. The South Department of ABC Corporation is a cost center. The budget for the month of March 20X2 is as follows: Sales salaries 406,725 System support salaries 222, 502 Customer relation salaries 75,975 Accounting salaries 48,345 Depreciation of plant and equipment 45,700 Repairs and maintenance 134,200 Insurance and property taxes 20,245 During March 20X2 the following costs were incurred by South Department: Sales salaries 406,205 System support salaries 222, 450 Customer relation salaries 80,120 Accounting salaries 48,245 Depreciation of plant and equipment 45,700 Repairs and maintenance 138,950 Insurance and property taxes 20,500 REQUIRED: Prepare a performance report for the manager of South Dept for March 20x2. Explain which costs the manager might be expected to request additional reports.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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A.
The South Department of ABC Corporation is a cost center. The budget for the month of March 20X2 is as follows:
Sales salaries 406,725
System support salaries 222, 502
Customer relation salaries 75,975
Accounting salaries 48,345
Depreciation of plant and equipment 45,700
Repairs and maintenance 134,200
Insurance and property taxes 20,245
During March 20X2 the following costs were incurred by South Department:
Sales salaries 406,205
System support salaries 222, 450
Customer relation salaries 80,120
Accounting salaries 48,245
Depreciation of plant and equipment 45,700
Repairs and maintenance 138,950
Insurance and property taxes 20,500
REQUIRED: Prepare a performance report for the manager of South Dept for March 20x2.
Explain which costs the manager might be expected to request additional reports.
Transcribed Image Text:A. The South Department of ABC Corporation is a cost center. The budget for the month of March 20X2 is as follows: Sales salaries 406,725 System support salaries 222, 502 Customer relation salaries 75,975 Accounting salaries 48,345 Depreciation of plant and equipment 45,700 Repairs and maintenance 134,200 Insurance and property taxes 20,245 During March 20X2 the following costs were incurred by South Department: Sales salaries 406,205 System support salaries 222, 450 Customer relation salaries 80,120 Accounting salaries 48,245 Depreciation of plant and equipment 45,700 Repairs and maintenance 138,950 Insurance and property taxes 20,500 REQUIRED: Prepare a performance report for the manager of South Dept for March 20x2. Explain which costs the manager might be expected to request additional reports.
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