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Budget performance report for cost centers

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Budget Performance Reports

Final Question

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Instructions

Partially completed budget performance reports for Saskatoon Company, a manufacturer of light duty motors, follow:

SASKATOON COMPANY

Budget Performance ReportVice President, Production

For the Month Ended June 30, 2016

1	Plant	Budget	Actual	Over Budget	Under Budget
2	Eastern Region	$936,000.00	$933,750.00		$2,250.00
3	Central Region	669,600.00	666,000.00		3,600.00
4	Western Region	(G)	(H)	(I)
5	Total	(J)	(K)	(L)	$5,850.00

SASKATOON COMPANY

Budget Performance ReportManager, Western Region Plant

For the Month Ended June 30, 2016

1	Department	Budget	Actual	Over Budget	Under Budget
2	Chip Fabrication	(A)	(B)	(C)
3	Electronic Assembly	$191,250.00	$194,040.00	$2,790.00
4	Final Assembly	308,250.00	307,440.00		$810.00
5	Total	(D)	(E)	(F)	$810.00

SASKATOON COMPANY

Budget Performance ReportSupervisor, Chip Fabrication

For the Month Ended June 30, 2016

1	Cost	Budget	Actual	Over Budget	Under Budget
2	Factory wages	$59,940.00	$61,500.00	$1,560.00
3	Materials	156,600.00	155,520.00		$1,080.00
4	Power and light	8,640.00	10,260.00	1,620.00
5	Maintenance	15,120.00	16,560.00	1,440.00
6	Total	$240,300.00	$243,840.00	$4,620.00	$1,080.00

	Required:
A.	Complete the budget performance reports by determining the correct amounts for the lettered spaces. Enter all amounts as positive numbers. No decimal places are needed.
B.	Explain the performance of the production division for May. Complete the budget performance reports by determining the correct amounts for the lettered spaces. Enter all amounts as positive numbers. No decimal places are needed. A. B. C. D. E. F. G. H. I. J. K. L. '

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