Required Information Use the following Information for the Exercises below. (Algo) [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 Department manager salaries Supplies used Utilities Rent Totals Budget Actual Snowmobile $ 20,860 ATV $ 28,900 Snowmobile $ 20,820 ATV $ 30,360 11,800 21,900 5,700 6,600 12,200 5,800 22,780 5,800 4,840 1,040 4,570 500 7,100 680 7,700 470 6,700 1,070 640 7,700 $ 50,800 $ 66,820 $ 50,560 $ 68,350 Exercise 22-1 (Algo) Responsibility accounting performance report LO P1 Prepare a responsibility accounting performance report for the snowmobile department. Note: Under budget amounts should be indicated by a minus sign. Responsibility Accounting Performance Report Manager, Snowmobile Department For Year Ended December 31 Controllable Costs Budgeted Direct materials $ 20,860 Direct labor Supplies used Utilities Department manager salaries Totals Actual Over (Under) Budget $ 20,860 $ 0 $ 0
Required Information Use the following Information for the Exercises below. (Algo) [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 Department manager salaries Supplies used Utilities Rent Totals Budget Actual Snowmobile $ 20,860 ATV $ 28,900 Snowmobile $ 20,820 ATV $ 30,360 11,800 21,900 5,700 6,600 12,200 5,800 22,780 5,800 4,840 1,040 4,570 500 7,100 680 7,700 470 6,700 1,070 640 7,700 $ 50,800 $ 66,820 $ 50,560 $ 68,350 Exercise 22-1 (Algo) Responsibility accounting performance report LO P1 Prepare a responsibility accounting performance report for the snowmobile department. Note: Under budget amounts should be indicated by a minus sign. Responsibility Accounting Performance Report Manager, Snowmobile Department For Year Ended December 31 Controllable Costs Budgeted Direct materials $ 20,860 Direct labor Supplies used Utilities Department manager salaries Totals Actual Over (Under) Budget $ 20,860 $ 0 $ 0
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 9E: A manufacturing company has two service and two production departments. Human Resources and Machine...
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A2
![Required Information
Use the following Information for the Exercises below. (Algo)
[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
Department manager salaries
Supplies used
Utilities
Rent
Totals
Budget
Actual
Snowmobile
$ 20,860
ATV
$ 28,900
Snowmobile
$ 20,820
ATV
$ 30,360
11,800
21,900
5,700
6,600
12,200
5,800
22,780
5,800
4,840
1,040
4,570
500
7,100
680
7,700
470
6,700
1,070
640
7,700
$ 50,800
$ 66,820
$ 50,560
$ 68,350
Exercise 22-1 (Algo) Responsibility accounting performance report LO P1
Prepare a responsibility accounting performance report for the snowmobile department.
Note: Under budget amounts should be indicated by a minus sign.
Responsibility Accounting Performance Report
Manager, Snowmobile Department
For Year Ended December 31
Controllable Costs
Budgeted
Direct materials
$
20,860
Direct labor
Supplies used
Utilities
Department manager salaries
Totals
Actual
Over (Under)
Budget
$
20,860 $
0 $
0](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa7058b60-8e2a-49e3-948d-db0c8840f4dd%2Fdc48daf6-adde-4f77-9cf9-18e7a147489f%2F33b0n5n_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required Information
Use the following Information for the Exercises below. (Algo)
[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
Department manager salaries
Supplies used
Utilities
Rent
Totals
Budget
Actual
Snowmobile
$ 20,860
ATV
$ 28,900
Snowmobile
$ 20,820
ATV
$ 30,360
11,800
21,900
5,700
6,600
12,200
5,800
22,780
5,800
4,840
1,040
4,570
500
7,100
680
7,700
470
6,700
1,070
640
7,700
$ 50,800
$ 66,820
$ 50,560
$ 68,350
Exercise 22-1 (Algo) Responsibility accounting performance report LO P1
Prepare a responsibility accounting performance report for the snowmobile department.
Note: Under budget amounts should be indicated by a minus sign.
Responsibility Accounting Performance Report
Manager, Snowmobile Department
For Year Ended December 31
Controllable Costs
Budgeted
Direct materials
$
20,860
Direct labor
Supplies used
Utilities
Department manager salaries
Totals
Actual
Over (Under)
Budget
$
20,860 $
0 $
0
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