Please don't give image format Required 1 Required 2 Required 3Prepare responsibility accounting performance reports that list controllable costs. In each report, include the budgeted andactual costs and show the amount that each actual cost is over or under the budgeted amount for manager of Trailerdepartment.Note: Under budget amounts should be indicated by a minus sign.TotalsResponsibility Accounting Performance ReportManager, Trailer DepartmentFor Year Ended December 31BudgetedControllable CostsShow Transcribed TextRequired 1 Required 2 Required 3TotalsActual< Required 1Controllable CostsResponsibility Accounting Performance ReportPlant Manager, Indiana PlantFor Year Ended December 31BudgetedPrepare responsibility accounting performance reports that list controllable costs. In each report, include the budgeted andactual costs and show the amount that each actual cost is over or under the budgeted amount for manager of Indiana plant.Note: Under budget amounts should be indicated by a minus sign.Over (Under)BudgetActual< Required 2Required 3 >cOver (Under)BudgetShow less ARequired 3 > Ana Perez is the plant manager of Travel Free's Indiana plant. The Camper and Traller operating departments manufacture productsand have their own managers. The Office department, which Perez also manages, provides services equally to the two operatingdepartments.Each performance report includes only those costs that a particular operating department manager can control direct materials, directlabor, supplies used, and utilities. The plant manager is responsible for the department managers' salaries, building rent, office salariesother than her own, and other office costs plus all costs controlled by the two operating department managers.The annual departmental budgets and actual costs for the two operating departments follow.For Year Ended December 31Direct materialsDirect laborDepartment manager salariesSupplies usedUtilitiesBuilding rentoffice department costsTotalsPor Year Ended December 31Plant manager salaryOther office salariesOther office costsTotalsShow Transcribed TextBudgetedTrailersCampers$ 196,100 $ 275,400205,800The Office department's budgeted and actual costs follow.Controllable CostsTotals104,15043,6003,4003,8006,60065,750$ 423,400Budgeted$ 79,00042,50010,000$ 131,50052,6009,0005,8009,20065,750$ 623,550Actual$ 98,00026,40022,700$ 147,100Responcibility Accounting Performance ReportManager, Camper DepartmentFor the Year Ended December 31ActualBudgetedC. Required 1ActualCampers$ 194,500Required 1 Required 2 Required 3Prepare responsibility accounting performance reports that list controllabie costs. In each report, include the budgeted andactual costs and show the amount that each actual cost is over or under the budgeted amount for manager of Camperdepartment.Note: Under budget amounts should be indicated by a minus sign.107,60044,2004,0003,6005,40073,550$ 432,850Over (Under)BudgetTrailers$ 273,400206,40053,5008,7005,6008,80073,550$ 629,950Required 2 >

Lets undestand the basics.Management prepares budget in order to estimate the future profit and loss…

Prepare responsibility accounting performance reports that list controllable costs. In each report, include the budgeted and actual costs and show the amount that each actual cost is over or under the budgeted amount for manager of Indiana plant. Note: Under budget amounts should be indicated by a minus sign. Responsibility Accounting Performance Report Plant Manager, Indiana Plant For Year Ended December 31 Controllable Costs S Budgeted Actual Over (Under) Budget