80.2K

Verified Solution

Link Copied!

Budget Performance Reports for Cost Centers Partially completed budget performance reports for Delmar Company, a manufacturer of light duty motors, follow: Delmar Company Budget Performance Report-Vice President, Production For the Month Ended June 30 Plant Actual Budget Over Budget (Under) Budget Eastern Region $544,900 $544,900 $0 388,400 392,300 (3,900) Central Region Western Region (g) (h) (i) $G) $(k) $(1) $(3,900) Delmar Company Budget Performance Report-Manager, Western Region Plant For the Month Ended June 30 Department Actual Budget Over Budget (Under) Budget Chip Fabrication $(a) $(c) $(b) 80,430 Electronic Assembly 81,480 1,050 Final Assembly 126,860 127,880 $(1,020) $(d) $(e) $(f) $(1,020) Delmar Company Budget Performance Report-Supervisor, Chip Fabrication For the Month Ended June 30 Cost Actual Budget Over Budget (Under) Budget Factory wages $27,810 $25,990 $1,820 Materials 71,910 72,420 $(510) Power and light 4,800 4,030 770 Maintenance 9,600 8,770 830 $114,120 $111,210 $3,420 $(510) a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-I) as marked above. a. $ g. $ b. $ h. $ c. $ i. $ d. $ j. $ e. $ k. $ f. $ 1. $ b. Complete the following memo to Randi Wilkes, vice president of production for Delmar Company, explaining the performance of the production division for June. MEMO To: Randi Wilkes, Vice President of Production The plant has experienced a budget overrun. Its budget reveals that the Department caused the majority of the budget overrun. The supervisor of the Department should investigate the reasons for the budget overruns in

Answer & Explanation Solved by verified expert

See Answer