The answers I got was wrong so please help fix. Prepare a responsibility accounting performance...

50.1K

Verified Solution

Question

Accounting

The answers I got was wrong so please help fix. Prepare a responsibility accounting performance report for the ATV department.
Note: Under budget amounts should be indicated by a minus sign. [The following information applies to the questions displayed below.]
Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own manager. Each responsibility performance report includes only those costs that the department manager can control: direct materials, direct labor, supplies used, and utilities.
For Year Ended December 31 Budget Actual
Snowmobile ATV Snowmobile ATV
Direct materials $ 20,970 $ 29,000 $ 20,920 $ 30,470
Direct labor 11,90022,00012,31022,890
Department manager salaries 5,8006,7005,9005,900
Supplies used 4,9501,0504,6701,090
Utilities 510690480650
Rent 7,2007,8006,8007,800
Totals $ 51,330 $ 67,240 $ 51,080 $ 68,800
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students