Solution-Prepare a responsibility accounting performance

Prepare a responsibility accounting performance report

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Reference no: EM132317287

Question:

Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own manager. Each responsibility performance report only includes those costs that the particular department manager can control: raw materials, wages, supplies used, and equipment depreciation.

		Budget		Actual
	Snowmobile	ATV	Combined	Snowmobile ATV		Combined
Raw materials	$20,480	$28,500	$ 48,980	$20,420	$29,820	$ 50,240
Employee wages	11,400	21,500	32,900	11,760	22,240	34,000
Dept. manager salary	5,300	6,200	11,500	5,400	5,400	10,800
Supplies used	4,400	1,900	6,300	4,170	1,920	6,090
Depreciation-
Equip.	7,000	13,500	20,500	7,000	13,500	20,500
Utilities	460	640	1,100	430	600	1,030
Rent	6,700	7,300	14,000	6,300	7,300	13,600
Totals	$55,740	$79,540	$135,280	$55,480	$80,780	$136,260

Prepare a Responsibility Accounting Performance Report of Dept Manager, Snowmobile Department. In which find the following values?

Responsibility Accounting Performance Report
Dept Manager, Snowmobile Department
	For the Year
	Budgeted Amount	Actual Amount	Over(Under) Budget
Controllable Costs
Raw materials
Employee wages
Supplies used
Depreciation-Equipment
Totals

Reference no: EM132317287

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Prepare a responsibility accounting performance report

Reference no: EM132317287

Reference no: EM132317287

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