Required information [The following information applies to the questions displayed below] Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own manager. Each responsibility performance report includes only those costs that the department manager can control: direct materials, direct labor, supplies used, and utilities. Budget For Year Ended December 31 Direct materials Direct labor Department manager salaries Supplies used Utilities Rent Totals Snowmobile $ 21,410 12,300 6,200 5,390 550 7,600 $ 53,450 ATV $ 29,400 22,400 7,100 1,090 730 8,200 $ 68,920 Actual Snowmobile $ 21,320 12,750 6,300 5,070 520 7,200 $ 53,160 ATV $ 30,910 23,350 6,300 1,140 690 8,200 $ 70,570
Required information [The following information applies to the questions displayed below] Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own manager. Each responsibility performance report includes only those costs that the department manager can control: direct materials, direct labor, supplies used, and utilities. Budget For Year Ended December 31 Direct materials Direct labor Department manager salaries Supplies used Utilities Rent Totals Snowmobile $ 21,410 12,300 6,200 5,390 550 7,600 $ 53,450 ATV $ 29,400 22,400 7,100 1,090 730 8,200 $ 68,920 Actual Snowmobile $ 21,320 12,750 6,300 5,070 520 7,200 $ 53,160 ATV $ 30,910 23,350 6,300 1,140 690 8,200 $ 70,570
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Required information
[The following information applies to the questions displayed below]
Arctica manufactures snowmobiles and ATVS. These products are made in different departments, and each department
has its own manager. Each responsibility performance report includes only those costs that the department manager can
control: direct materials, direct labor, supplies used, and utilities.
Budget
For Year Ended December 31
Direct materials
Direct labor
Department manager salaries
Supplies used
Utilities
Rent
Totals
Controllable Costs
Totals
Snowmobile
$ 21,410
12,300
6,200
5,390
550
7,600
$ 53,450
Responsibility Accounting Performance Report
Manager, Snowmobile Department
For Year Ended December 31
Budgeted
5
Prepare a responsibility accounting performance report for the snowmobile department (Under budget amounts should be indicated
by a minus sign.)
$
ATV
$ 29,400
22,400
7,100
1,090
73
8,200
$ 68,920
Actual
05
Actual
Snowmobile
$ 21,320
12,750
6,300
5,070
520
7,200
$ 53,160
Over (Under)
Budget
ATV
$ 30,910
23,330
6,300
1,140
690
8,200
$ 70,570](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fae97e129-1b20-4a94-85d7-6595c546c1d3%2Fc17d0284-a1b7-4f51-88a6-a07480ca9c47%2Fkon8uku_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below]
Arctica manufactures snowmobiles and ATVS. These products are made in different departments, and each department
has its own manager. Each responsibility performance report includes only those costs that the department manager can
control: direct materials, direct labor, supplies used, and utilities.
Budget
For Year Ended December 31
Direct materials
Direct labor
Department manager salaries
Supplies used
Utilities
Rent
Totals
Controllable Costs
Totals
Snowmobile
$ 21,410
12,300
6,200
5,390
550
7,600
$ 53,450
Responsibility Accounting Performance Report
Manager, Snowmobile Department
For Year Ended December 31
Budgeted
5
Prepare a responsibility accounting performance report for the snowmobile department (Under budget amounts should be indicated
by a minus sign.)
$
ATV
$ 29,400
22,400
7,100
1,090
73
8,200
$ 68,920
Actual
05
Actual
Snowmobile
$ 21,320
12,750
6,300
5,070
520
7,200
$ 53,160
Over (Under)
Budget
ATV
$ 30,910
23,330
6,300
1,140
690
8,200
$ 70,570
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