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
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
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter4: Job-order Costing And Overhead Application
Section: Chapter Questions
Problem 27BEA: Use the following information for Brief Exercises 4-27 and 4-28: Quillen Company manufactures a...
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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
Department manager salaries
Supplies used
Utilities
Totals
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fddb32f96-aea2-45f6-b7f1-8d126b253983%2F2c99c6ae-cf81-4c93-b738-87b7a70c8966%2F7mmvnpc_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
Department manager salaries
Supplies used
Utilities
Totals
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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