Chapter 24, Problem 19Q

(a)

To determine

Performance Report: The reports prepared by the manager of responsibility centers are called performance reports. These reports include the budgeted and actual data of related to the centers. Performance report of cost center will include the budgeted and actual costs.

To identify: The costs included in a performance report for cost center.

(b)

To determine

To identify: if the costs are classified as fixed and variable costs.