Required information [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. Budget For Year Ended December 31 Direct materials Direct labor Department manager salaries Supplies used Utilities Rent Totals Controllable Costs Responsibility Accounting Performance Report Manager, ATV Department For Year Ended December 31 Direct materials Direct labor Supplies used Utilities Snowmobile $ 19,990 10,900 4,800 3,850 410 6,200 $ 46,150 Prepare a responsibility accounting performance report for the ATV department. (Under budget amounts should be indi minus sign.) Budgeted $ Actual ATV $ 28,000 21,000 5,700 950 590 6,800 $ 63,040 19,920 11,210 X 3,670 X 6,500 X 41,300 $ $ 19,990 $ 10,200 X 3,850 X 6,500 X Totals $ 40,540 $ 60 *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted. Over (Under) Budget Actual Snowmobile $ 19,920 11,210 4,900 3,670 380 5,800 $ 45,880 (70) X 310 X (180) X 0x ATV $ 29,370 21,790 4,900 970 550 6,800 $ 64,380
Required information [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. Budget For Year Ended December 31 Direct materials Direct labor Department manager salaries Supplies used Utilities Rent Totals Controllable Costs Responsibility Accounting Performance Report Manager, ATV Department For Year Ended December 31 Direct materials Direct labor Supplies used Utilities Snowmobile $ 19,990 10,900 4,800 3,850 410 6,200 $ 46,150 Prepare a responsibility accounting performance report for the ATV department. (Under budget amounts should be indi minus sign.) Budgeted $ Actual ATV $ 28,000 21,000 5,700 950 590 6,800 $ 63,040 19,920 11,210 X 3,670 X 6,500 X 41,300 $ $ 19,990 $ 10,200 X 3,850 X 6,500 X Totals $ 40,540 $ 60 *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted. Over (Under) Budget Actual Snowmobile $ 19,920 11,210 4,900 3,670 380 5,800 $ 45,880 (70) X 310 X (180) X 0x ATV $ 29,370 21,790 4,900 970 550 6,800 $ 64,380
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter5: Support Department And Joint Cost Allocation
Section: Chapter Questions
Problem 1PB: Support department cost allocation Hooligan Adventure Supply produces and sells various outdoor...
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![Required information
[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.
Budget
For Year Ended December 31
Direct materials
Direct labor
Department manager salaries
Supplies used
Utilities
Rent
Totals
Responsibility Accounting Performance Report
Manager, ATV Department
For Year Ended December 31
Controllable Costs
Snowmobile
$ 19,990
10,900
4,800
3,850
410
6,200
$ 46,150
Budgeted
$
Prepare a responsibility accounting performance report for the ATV department. (Under budget amounts should be indicated
minus sign.)
19,990 $
10,200 x
3,850 x
6,500 X
Actual
19,920
11,210
Direct materials
Direct labor
Supplies used
Utilities
Totals
$
40,540
$
60
*Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted.
ATV
$ 28,000
21,000
5,700
950
590
6,800
$ 63,040
$
3,670 X
6,500 X
41,300 $
Over
(Under)
Budget
(70) X
310
(180) X
0x
Actual
Snowmobile
$ 19,920
11, 210
4,900
3,670
380
5,800
$ 45,880
ATV
$ 29,370
21,790
4,900
970
550
6,800
$ 64,380](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F260dc603-6109-45c6-aa37-7bd69fdfd57f%2F8014ba0e-ad4e-4cf7-a7d4-49baad612089%2Fpm6k7ef_processed.png&w=3840&q=75)
Transcribed Image Text:Required information
[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.
Budget
For Year Ended December 31
Direct materials
Direct labor
Department manager salaries
Supplies used
Utilities
Rent
Totals
Responsibility Accounting Performance Report
Manager, ATV Department
For Year Ended December 31
Controllable Costs
Snowmobile
$ 19,990
10,900
4,800
3,850
410
6,200
$ 46,150
Budgeted
$
Prepare a responsibility accounting performance report for the ATV department. (Under budget amounts should be indicated
minus sign.)
19,990 $
10,200 x
3,850 x
6,500 X
Actual
19,920
11,210
Direct materials
Direct labor
Supplies used
Utilities
Totals
$
40,540
$
60
*Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted.
ATV
$ 28,000
21,000
5,700
950
590
6,800
$ 63,040
$
3,670 X
6,500 X
41,300 $
Over
(Under)
Budget
(70) X
310
(180) X
0x
Actual
Snowmobile
$ 19,920
11, 210
4,900
3,670
380
5,800
$ 45,880
ATV
$ 29,370
21,790
4,900
970
550
6,800
$ 64,380
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