JDC Engineering Co. provided the following information for their business year ending June 30th, 2021. Plant Manager VP of Manufacturing President Controllable Expenses Budget Actual Budget Actual Budget Actual Office expense 7,330 9,760 12,960 16,560 24,940 16,320 Printing 20,080 16,600 Paging 2,440 2,220 Binding 4,740 4,960 Purchasing 23,760 27,360 Receiving 11,080 15,310 Inspection 18,490 17,360 VP of Marketing 197,420 176,490 Controller 152,290 110,340 Treasurer 96,490 71,980 VP of Personnel 47,340 72,680 Prepare the responsibility accounting reports for the three levels of management--plant manager, vice president of manufacturing, and president.
JDC Engineering Co. provided the following information for their business year ending June 30th, 2021. Plant Manager VP of Manufacturing President Controllable Expenses Budget Actual Budget Actual Budget Actual Office expense 7,330 9,760 12,960 16,560 24,940 16,320 Printing 20,080 16,600 Paging 2,440 2,220 Binding 4,740 4,960 Purchasing 23,760 27,360 Receiving 11,080 15,310 Inspection 18,490 17,360 VP of Marketing 197,420 176,490 Controller 152,290 110,340 Treasurer 96,490 71,980 VP of Personnel 47,340 72,680 Prepare the responsibility accounting reports for the three levels of management--plant manager, vice president of manufacturing, and president.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
JDC Engineering Co. provided the following information for their business year ending June 30th, 2021.
| Plant Manager | VP of Manufacturing | President | ||||
|---|---|---|---|---|---|---|
| Controllable Expenses | Budget | Actual | Budget | Actual | Budget | Actual |
| Office expense | 7,330 | 9,760 | 12,960 | 16,560 | 24,940 | 16,320 |
| Printing | 20,080 | 16,600 | ||||
| Paging | 2,440 | 2,220 | ||||
| Binding | 4,740 | 4,960 | ||||
| Purchasing | 23,760 | 27,360 | ||||
| Receiving | 11,080 | 15,310 | ||||
| Inspection | 18,490 | 17,360 | ||||
| VP of Marketing | 197,420 | 176,490 | ||||
| Controller | 152,290 | 110,340 | ||||
| Treasurer | 96,490 | 71,980 | ||||
| VP of Personnel | 47,340 | 72,680 |
Prepare the responsibility accounting reports for the three levels of management--plant manager, vice president of manufacturing, and president.
Transcribed Image Text:Office expense
Printing
Paging
Binding
Total Controllable Cost
Office expense
Purchasing
Receiving
Inspection
Plant Manager - Responsibility Report
Budget
Plant Manager
Total Controllable Cost
Office expense
VP of Marketing
Controller
Treasurer
VP of Manufacturing - Responsibility Report
Budget
Actual
Actual
President - Responsibility Report
Budget
VP of Personnel
VP of Manufacturing
Total Controllable Cost
Variance
Actual
Variance
Variance
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