Partially completed budget performance reports for Delmar Company, a manufacturer of light duty motors, follow:Delmar CompanyPlantEastern RegionCentral RegionWestern RegionDepartmentCostBudget Performance Report-Vice President, ProductionFor the Month Ended June 30Chip FabricationElectronic AssemblyFinal Assemblya. $Factory wagesMaterialsPower and lightMaintenanceb. $C. $d. $e. $f. $Actual$501,900357,800(g)$(j)Delmar CompanyActualBudget$501,900361,400$(a)96,910150,900$(d)Actual(h)$(k)Budget Performance Report-Manager, Western Region PlantFor the Month Ended June 30Budget$(b)95,670152,120$(e)BudgetOverBudget$20,60073,3303,6208,290$105,840g. $h. $i. $j. $(1)$(1)k. $1. $OverBudget$(c)1,240(Under)Budget$(f)Delmar CompanyBudget Performance Report-Supervisor, Chip FabricationFor the Month Ended June 30$0(3,600)$22,04072,8204,3106909,080790$108,250$2,920$(510)a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above.$(3,600)(Under)Budget$(1,220)$(1,220)(Under)OverBudget Budget$1,440$(510)

Budgetes are prepared to forecast the future from the existing available data. Sometimes the…

Partially completed budget performance reports for Delmar Company, a manufacturer of light duty motors, follow: Delmar Company Plant Eastern Region Central Region Western Region Budget Performance Report-Vice President, Production For the Month Ended June 30 Department Cost Chip Fabrication Electronic Assembly Final Assembly Factory wages Materials Power and light C. $ d. $ e. $ f. $ Actual $501,900 357,800 Maintenance (9) $(j) Actual $(a) 96,910 150,900 $(d) Over Budget Budget $501,900 361,400 Delmar Company Budget Performance Report-Manager, Western Region Plant For the Month Ended June 30 Actual (h) $(k) Over Budget Budget $(c) 1,240 $(b) 95,670 152,120 $(e) Budget (1) $(1) $20,600 73,330 3,620 8,290 $105,840 g. $ h. $ Delmar Company Budget Performance Report-Supervisor, Chip Fabrication For the Month Ended June 30 i. $ j. $ k. $ 1. $ $(f) (Under) Budget Over Budget $1,440 $0 (3,600) $(3,600) $22,040 72,820 4,310 690 9,080 790 $108,250 $2,920 $(510) a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above. a. $ b. $ (Under) Budget $(1,220) $(1,220) (Under) Budget $(510)

Partially completed budget performance reports for Delmar Company, a manufacturer of light duty motors, follow: Delmar Company Plant Eastern Region Central Region Western Region Budget Performance Report-Vice President, Production For the Month Ended June 30 Department Cost Chip Fabrication Electronic Assembly Final Assembly Factory wages Materials Power and light C. $ d. $ e. $ f. $ Actual $501,900 357,800 Maintenance (9) $(j) Actual $(a) 96,910 150,900 $(d) Over Budget Budget $501,900 361,400 Delmar Company Budget Performance Report-Manager, Western Region Plant For the Month Ended June 30 Actual (h) $(k) Over Budget Budget $(c) 1,240 $(b) 95,670 152,120 $(e) Budget (1) $(1) $20,600 73,330 3,620 8,290 $105,840 g. $ h. $ Delmar Company Budget Performance Report-Supervisor, Chip Fabrication For the Month Ended June 30 i. $ j. $ k. $ 1. $ $(f) (Under) Budget Over Budget $1,440 $0 (3,600) $(3,600) $22,040 72,820 4,310 690 9,080 790 $108,250 $2,920 $(510) a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above. a. $ b. $ (Under) Budget $(1,220) $(1,220) (Under) Budget $(510)

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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