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 Budget Actual Over Budget Under Budget Eastern Region $356,500 $356,500 $0 Central Region 256,700 254,100 (2,600) Western Region (g) (h) (i) $(j) $(k) $(l) $(2,600) Garland Company Budget Performance Report—Manager, Western Region Plant For the Month Ended November 30 Department Budget Actual Over Budget Under Budget Chip Fabrication $(a) $(b) $(c) Electronic Assembly 89,720 90,890 1,170 Final Assembly 143,550 142,400 $(1,150) $(d) $(e) $(f) $(1,150) Garland Company Budget Performance Report—Supervisor, Chip Fabrication For the Month Ended November 30 Cost Budget Actual Over Budget Under Budget Factory wages $31,240 $33,430 $2,190 Materials 69,980 69,490 $(490) Power and light 3,940 4,690 750 Maintenance 7,100 7,770 670 $112,260 $115,380 $3,610 $(490) a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above. a. $fill in the blank 1 g. $fill in the blank 2 b. $fill in the blank 3 h. $fill in the blank 4 c. $fill in the blank 5 i. $fill in the blank 6 d. $fill in the blank 7 j. $fill in the blank 8 e. $fill in the blank 9 k. $fill in the blank 10 f. $fill in the blank 11 l. $fill in the blank 12 b. Complete the following memo to Cassandra Reid, vice president of production for Garland Company, explaining the performance of the production division for November. MEMO To: Cassandra Reid, Vice President of Production The plant has experienced a budget overrun. Its budget reveals that the Department caused the majority of the budget overrun. The supervisor of the Department should investigate the reasons for the budget overruns in .
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 Budget Actual Over Budget Under Budget Eastern Region $356,500 $356,500 $0 Central Region 256,700 254,100 (2,600) Western Region (g) (h) (i) $(j) $(k) $(l) $(2,600) Garland Company Budget Performance Report—Manager, Western Region Plant For the Month Ended November 30 Department Budget Actual Over Budget Under Budget Chip Fabrication $(a) $(b) $(c) Electronic Assembly 89,720 90,890 1,170 Final Assembly 143,550 142,400 $(1,150) $(d) $(e) $(f) $(1,150) Garland Company Budget Performance Report—Supervisor, Chip Fabrication For the Month Ended November 30 Cost Budget Actual Over Budget Under Budget Factory wages $31,240 $33,430 $2,190 Materials 69,980 69,490 $(490) Power and light 3,940 4,690 750 Maintenance 7,100 7,770 670 $112,260 $115,380 $3,610 $(490) a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above. a. $fill in the blank 1 g. $fill in the blank 2 b. $fill in the blank 3 h. $fill in the blank 4 c. $fill in the blank 5 i. $fill in the blank 6 d. $fill in the blank 7 j. $fill in the blank 8 e. $fill in the blank 9 k. $fill in the blank 10 f. $fill in the blank 11 l. $fill in the blank 12 b. Complete the following memo to Cassandra Reid, vice president of production for Garland Company, explaining the performance of the production division for November. MEMO To: Cassandra Reid, Vice President of Production The plant has experienced a budget overrun. Its budget reveals that the Department caused the majority of the budget overrun. The supervisor of the Department should investigate the reasons for the budget overruns in .
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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 | Budget | Actual | Over Budget | Under Budget | ||||
| Eastern Region | $356,500 | $356,500 | $0 | |||||
| Central Region | 256,700 | 254,100 | (2,600) | |||||
| Western Region | (g) | (h) | (i) | |||||
| $(j) | $(k) | $(l) | $(2,600) |
| Garland Company Budget Performance Report—Manager, Western Region Plant For the Month Ended November 30 |
||||||||
| Department | Budget | Actual | Over Budget | Under Budget | ||||
| Chip Fabrication | $(a) | $(b) | $(c) | |||||
| Electronic Assembly | 89,720 | 90,890 | 1,170 | |||||
| Final Assembly | 143,550 | 142,400 | $(1,150) | |||||
| $(d) | $(e) | $(f) | $(1,150) |
| Garland Company Budget Performance Report—Supervisor, Chip Fabrication For the Month Ended November 30 |
||||||||
| Cost | Budget | Actual | Over Budget | Under Budget | ||||
| Factory wages | $31,240 | $33,430 | $2,190 | |||||
| Materials | 69,980 | 69,490 | $(490) | |||||
| Power and light | 3,940 | 4,690 | 750 | |||||
| Maintenance | 7,100 | 7,770 | 670 | |||||
| $112,260 | $115,380 | $3,610 | $(490) |
a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above.
| a. $fill in the blank 1 | g. $fill in the blank 2 |
| b. $fill in the blank 3 | h. $fill in the blank 4 |
| c. $fill in the blank 5 | i. $fill in the blank 6 |
| d. $fill in the blank 7 | j. $fill in the blank 8 |
| e. $fill in the blank 9 | k. $fill in the blank 10 |
| f. $fill in the blank 11 | l. $fill in the blank 12 |
b. Complete the following memo to Cassandra Reid, vice president of production for Garland Company, explaining the performance of the production division for November.
MEMO
To: Cassandra Reid, Vice President of Production
The plant has experienced a budget overrun. Its budget reveals that the Department caused the majority of the budget overrun. The supervisor of the Department should investigate the reasons for the budget overruns in .
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