Ayayai Company's organization chart includes the president; the vice president of production; three assembly factories-Dallas, Atlanta, and Tucson; and two departments within each factory-Machining and Finishing. Budget and actual manufacturing cost data for July 2022 are as follows. Finishing Department-Dallas: direct materials $52,700 actual, $54,560 budget; direct labor $103,416 actual, $101,680 budget; manufacturing overhead $63,240 actual, $61,008 budget. Machining Department-Dallas: total manufacturing costs $272,800 actual, $271,560 budget. Atlanta factory: total manufacturing costs $525,760 actual, $520,800 budget. Tucson factory: total manufacturing costs $612,808 actual, $615,660 budget. The Dallas factory manager's office costs were $117,800 actual and $114,080 budget. The vice president of production's office costs were $163,680 actual and $161,200 budget. Office costs are not allocated to departments and factories. (a) (b) Prepare the reports in a responsibility system for: The factory manager-Dallas. To Assembly factory Manager-Dallas Controllable Costs: Dallas Office $ Budget $ Actual $ Favorable Unfavorable Neither Favorable nor Unfavorable Month: July

Ayayai Company's organization chart includes the president; the vice president of production; three assembly factories-Dallas, Atlanta, and Tucson; and two departments within each factory-Machining and Finishing. Budget and actual manufacturing cost data for July 2022 are as follows. Finishing Department-Dallas: direct materials $52,700 actual, $54,560 budget; direct labor $103,416 actual, $101,680 budget; manufacturing overhead $63,240 actual, $61,008 budget. Machining Department-Dallas: total manufacturing costs $272,800 actual, $271,560 budget. Atlanta factory: total manufacturing costs $525,760 actual, $520,800 budget. Tucson factory: total manufacturing costs $612,808 actual, $615,660 budget. The Dallas factory manager's office costs were $117,800 actual and $114,080 budget. The vice president of production's office costs were $163,680 actual and $161,200 budget. Office costs are not allocated to departments and factories. (a) (b) Prepare the reports in a responsibility system for: The factory manager-Dallas. To Assembly factory Manager-Dallas Controllable Costs: Dallas Office $ Budget $ Actual $ Favorable Unfavorable Neither Favorable nor Unfavorable Month: July

Name: (c)Prepare the reports in a responsibility system for: The vice presi
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Description: (c)Prepare the reports in a responsibility system for: The vice president of production.To Vice President-ProductionControllable Costs:VP ProductionAssembly factories:TotaleTextbook and Media$$Budget$$Actual$$FavorableUnfavorableNeither Favorablenor

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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