ACCOUTING PRIN SET LL INCLUSIVE
ACCOUTING PRIN SET LL INCLUSIVE
14th Edition
ISBN: 9781119815327
Author: Weygandt
Publisher: WILEY
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Chapter 25, Problem 6BE
To determine

Introduction:

A responsibility report is prepared by the management to determine the total cost being incurred in their respective controllable areas. This report is then transferred to successive departments (if any) and then submitted to the vice president.

To prepare: A responsibility report for the cost center.

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In the Assembly Department of Hannon Company, budgeted and actual manufacturing overhead costs for the month of April 2020 were as follows.     Budget   Actual Indirect materials   $15,300   $14,700 Indirect labor   19,800   20,300 Utilities   10,100   10,900 Supervision   5,800   5,800 All costs are controllable by the department manager.Prepare a responsibility report for April for the cost center. HANNON COMPANYAssembly DepartmentManufacturing Overhead Cost Responsibility ReportFor the Month Ended April 30, 2020           Difference Controllable Cost Budget   Actual   FavorableUnfavorableNeither Favorablenor Unfavorable Select an opening responsibility report item                                                           Indirect MaterialsIndirect LaborSupervisionUtilities $Enter a dollar amount    $Enter a dollar amount    $Enter the difference  Select an option…
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In the Assembly Department of Concord Company, budgeted and actual manufacturing overhead costs for the month of April 2022 were as follows. Indirect materials Indirect labor Utilities Supervision Budget $18,240 $16,302 Controllable Cost 22,800 11,400 Actual 5,700 23,484 12,369 5,700 All costs are controllable by the department manager. Prepare a responsibility report for April for the cost center. Budget CONCORD COMPANY Assembly Department Manufacturing Overhead Cost Responsibility Report For the Year Ended April 30, 2022 Actual Differenc Favorable Unfavorab Neither Favol nor Unfavori

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ACCOUTING PRIN SET LL INCLUSIVE

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