C Engineering Co. provided the following information for their business year ending June 30th, 2021. Plant Manager VP of Manufacturing President Controllable Expenses Budget Actual Budget Actual Budget Actual Office expense 7,370 9,770 12,760 17,030 23,110 17,490 Printing 19,950 17,290 Paging 2,410 2,110 Binding 4,650
C Engineering Co. provided the following information for their business year ending June 30th, 2021. Plant Manager VP of Manufacturing President Controllable Expenses Budget Actual Budget Actual Budget Actual Office expense 7,370 9,770 12,760 17,030 23,110 17,490 Printing 19,950 17,290 Paging 2,410 2,110 Binding 4,650
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 5PA: Statement of cost of goods manufactured and income statement for a manufacturing company The...
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JDC Engineering Co. provided the following information for their business year ending June 30th, 2021.
Plant Manager - Responsibility Report
VP of Manufacturing - Responsibility Report
President - Responsibility Report
| Plant Manager | VP of Manufacturing | President | ||||
|---|---|---|---|---|---|---|
| Controllable Expenses | Budget | Actual | Budget | Actual | Budget | Actual |
| Office expense | 7,370 | 9,770 | 12,760 | 17,030 | 23,110 | 17,490 |
| Printing | 19,950 | 17,290 | ||||
| Paging | 2,410 | 2,110 | ||||
| Binding | 4,650 | 4,940 | ||||
| Purchasing | 23,940 | 27,390 | ||||
| Receiving | 11,380 | 14,130 | ||||
| Inspection | 18,790 | 16,830 | ||||
| VP of Marketing | 197,230 | 171,530 | ||||
| Controller | 138,680 | 121,110 | ||||
| Treasurer | 97,000 | 72,870 | ||||
| VP of Personnel | 48,170 | 71,360 |
Prepare the responsibility accounting reports for the three levels of management--plant manager, vice president of manufacturing, and president.
Plant Manager - Responsibility Report
| Actual | Variance | |||
|---|---|---|---|---|
| Office expense | ||||
| Printing | ||||
| Paging | ||||
| Binding | ||||
| Total Controllable Cost |
VP of Manufacturing - Responsibility Report
| Budget | Actual | Variance | ||
|---|---|---|---|---|
| Office expense | ||||
| Purchasing | ||||
| Receiving | ||||
| Inspection | ||||
| Plant Manager | ||||
| Total Controllable Cost |
President - Responsibility Report
| Budget | Actual | Variance | ||
|---|---|---|---|---|
| Office expense | ||||
| VP of Marketing | ||||
| Controller | ||||
| Treasurer | ||||
| VP of Personnel | ||||
| VP of Manufacturing | ||||
| Total Controllable Cost |
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