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JDC 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 7,330 9,760 12,960 16,560 24,940 16,320 Printing 20,080 16,600         Paging 2,440 2,220         Binding 4,740 4,960         Purchasing     23,760 27,360     Receiving     11,080 15,310     Inspection     18,490 17,360     VP of Marketing         197,420 176,490 Controller         152,290 110,340 Treasurer         96,490 71,980 VP of Personnel         47,340 72,680   Prepare the responsibility accounting reports for the three levels of management--plant manager, vice president of manufacturing, and president.

JDC 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 7,330 9,760 12,960 16,560 24,940 16,320 Printing 20,080 16,600         Paging 2,440 2,220         Binding 4,740 4,960         Purchasing     23,760 27,360     Receiving     11,080 15,310     Inspection     18,490 17,360     VP of Marketing         197,420 176,490 Controller         152,290 110,340 Treasurer         96,490 71,980 VP of Personnel         47,340 72,680   Prepare the responsibility accounting reports for the three levels of management--plant manager, vice president of manufacturing, and president.

Managerial Accounting: The Cornerstone of Business Decision-Making
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
Chapter2: Basic Managerial Accounting Concepts
Section: Chapter Questions
Problem 2MCQ: Product (or manufacturing) costs consist of a. direct materials, direct labor, and selling costs. b....
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JDC 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 7,330 9,760 12,960 16,560 24,940 16,320
Printing 20,080 16,600        
Paging 2,440 2,220        
Binding 4,740 4,960        
Purchasing     23,760 27,360    
Receiving     11,080 15,310    
Inspection     18,490 17,360    
VP of Marketing         197,420 176,490
Controller         152,290 110,340
Treasurer         96,490 71,980
VP of Personnel         47,340 72,680

 

Prepare the responsibility accounting reports for the three levels of management--plant manager, vice president of manufacturing, and president.

 

Office expense Printing Paging Binding Total Controllable Cost Office expense Purchasing Receiving Inspection Plant Manager - Responsibility Report Budget Plant Manager Total Controllable Cost Office expense VP of Marketing Controller Treasurer VP of Manufacturing - Responsibility Report Budget Actual Actual President - Responsibility Report Budget VP of Personnel VP of Manufacturing Total Controllable Cost Variance Actual Variance Variance
Transcribed Image Text:Office expense Printing Paging Binding Total Controllable Cost Office expense Purchasing Receiving Inspection Plant Manager - Responsibility Report Budget Plant Manager Total Controllable Cost Office expense VP of Marketing Controller Treasurer VP of Manufacturing - Responsibility Report Budget Actual Actual President - Responsibility Report Budget VP of Personnel VP of Manufacturing Total Controllable Cost Variance Actual Variance Variance
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