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. For Year Ended December 31 Direct materials Direct labor Totals Department manager salaries Supplies used Utilities Rent Totals Direct materials Direct labor Controllable Costs Supplies used Utilities Prepare a responsibility accounting performance report for the ATV department. Note: Under budget amounts should be indicated by a minus sign. Responsibility Accounting Performance Report Manager, ATV Department For Year Ended December 31 $ Snowmobile $ 20,370 11,300 5,200 4,290 450 6,600 $ 48,210 Budgeted Budget 0 $ Actual ATV $ 28,400 21,400 6,100 990 630 7,200 $ 64,720 Over (Under) Budget 0 $ 0 Actual Snowmobile $ 20,320 11,650 5,300 4,070 420 6,200 $ 47,960 ATV $ 29,810 22,230 5,300 1,010 590 7,200 $ 66,140

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In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.