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 Totals Department manager salaries Supplies used Utilities Rent Totals Snowmobile $ 19,500 10,400 4,300 3,300 360 5,700 $43,560 Responsibility Accounting Performance Report Manager, Snowmobile Department For Year Ended December 31 Budgeted Controllable Costs ATV $ 27,500 20,500 5,200 Prepare a responsibility accounting performance report for the snowmobile department. Note: Under budget amounts should be indicated by a minus sign. Actual 900 540 6,300 $ 60,940 Actual Snowmobile $ 19,420 10,660 4,400 3,170 330 5,300 $ 43,280 Over (Under) Budget ATV $28,820 21,240 4,400 920 500 6,300 $ 62,180
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 Totals Department manager salaries Supplies used Utilities Rent Totals Snowmobile $ 19,500 10,400 4,300 3,300 360 5,700 $43,560 Responsibility Accounting Performance Report Manager, Snowmobile Department For Year Ended December 31 Budgeted Controllable Costs ATV $ 27,500 20,500 5,200 Prepare a responsibility accounting performance report for the snowmobile department. Note: Under budget amounts should be indicated by a minus sign. Actual 900 540 6,300 $ 60,940 Actual Snowmobile $ 19,420 10,660 4,400 3,170 330 5,300 $ 43,280 Over (Under) Budget ATV $28,820 21,240 4,400 920 500 6,300 $ 62,180
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.
For Year Ended December 31
Direct materials
Direct labor
Totals
Department manager salaries
Supplies used
Utilities
Rent
Totals
Budget
Snowmobile
$ 19,500
10,400
4,300
3,300
360
5,700
$ 43,560
Controllable Costs
Responsibility Accounting Performance Report
Manager, Snowmobile Department
For Year Ended December 31
Budgeted
ATV
$ 27,500
20,500
5,200
Prepare a responsibility accounting performance report for the snowmobile department.
Note: Under budget amounts should be indicated by a minus sign.
Actual
900
540
6,300
$ 60,940
Actual
Snowmobile
$ 19,420
10,660
4,400
3,170
330
5,300
$ 43,280
Over (Under)
Budget
ATV
$ 28,820
21,240
4,400
920
500
6,300
$ 62,180](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1ae6ea98-8578-4961-a4ba-e9666567fe1d%2Fb13e31d3-76d7-4482-b59a-2a466d90e628%2F5mn7q_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.
For Year Ended December 31
Direct materials
Direct labor
Totals
Department manager salaries
Supplies used
Utilities
Rent
Totals
Budget
Snowmobile
$ 19,500
10,400
4,300
3,300
360
5,700
$ 43,560
Controllable Costs
Responsibility Accounting Performance Report
Manager, Snowmobile Department
For Year Ended December 31
Budgeted
ATV
$ 27,500
20,500
5,200
Prepare a responsibility accounting performance report for the snowmobile department.
Note: Under budget amounts should be indicated by a minus sign.
Actual
900
540
6,300
$ 60,940
Actual
Snowmobile
$ 19,420
10,660
4,400
3,170
330
5,300
$ 43,280
Over (Under)
Budget
ATV
$ 28,820
21,240
4,400
920
500
6,300
$ 62,180
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