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 Direct materials Direct labor Supplies used Utilities Totals Snowmobile $ 21,520 12,400 $ 6,300 5,500 560 7,700 $ 53,980 Responsibility Accounting Performance Report Manager, Snowmobile Department For Year Ended December 31 Budgeted 0 $ Prepare a responsibility accounting performance report for the snowmobile department. (Under budget amounts should be indicated by a minus sign.) ATV $ 29,500 22,500 7,200 1,100 740 8,300 Actual Actual Snowmobile $ 21,420 12,860 6,400 5,170 530 7,300 $ 69,340 $ 53,680 Over (Under) Budget 0$ ATV $ 31,020 23,440 6,400 1,160 700 8,300 $ 71,020

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 Direct materials Direct labor Supplies used Utilities Totals Snowmobile $ 21,520 12,400 $ 6,300 5,500 560 7,700 $ 53,980 Responsibility Accounting Performance Report Manager, Snowmobile Department For Year Ended December 31 Budgeted 0 $ Prepare a responsibility accounting performance report for the snowmobile department. (Under budget amounts should be indicated by a minus sign.) ATV $ 29,500 22,500 7,200 1,100 740 8,300 Actual Actual Snowmobile $ 21,420 12,860 6,400 5,170 530 7,300 $ 69,340 $ 53,680 Over (Under) Budget 0$ ATV $ 31,020 23,440 6,400 1,160 700 8,300 $ 71,020

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter4: Activity-based Costing

Section: Chapter Questions

Problem 7E: The management of Nova Industries Inc. manufactures gasoline and diesel engines through two...

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Cynthia Rogers, the cost accountant for Sanford Manufacturing, is preparing a management report that must include an allocation of overhead. The budgeted overhead for each department and the data for one job are as follows: Using the departmental overhead application rates, and allocating overhead on the basis of direct labor hours, overhead applied to Job 231 in the Tooling Department would be: a. 44.00. b. 197.50. c. 241.50. d. 501.00.
A manufacturing company has two service and two production departments. Building Maintenance and Factory Office are the service departments. The production departments are Assembly and Machining. The following data have been estimated for next years operations: The direct charges identified with each of the departments are as follows: The building maintenance department services all departments of the company, and its costs are allocated using floor space occupied, while factory office costs are allocable to Assembly and Machining on the basis of direct labor hours. 1. Distribute the service department costs, using the direct method. 2. Distribute the service department costs, using the sequential distribution method, with the department servicing the greatest number of other departments distributed first.
es 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. For Year Ended December 31 Direct materials Direct labor Department manager salaries Supplies used Utilities Rent Totals Totals Controllable Costs Totals Budget Snowmobile $ 20,370 11,300 5,200 4,290 450 6,600 $ 48,210 Prepare a responsibility accounting performance report for the snowmobile department. Note: Under budget amounts should be indicated by a minus sign. $ Responsibility Accounting Performance Report Manager, Snowmobile Department For Year Ended December 31 Budgeted Controllable Costs ATV $ 28,400 21,400 6,100 990 630 7,200 $ 64,720 0 $ Snowmobile $ 20,320 11,650 5,300 4,070 420 6,200…
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…
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. For Year Ended December 31 Direct materials Direct labor Department manager salaries Supplies used Utilities Rent Totals Controllable Costs Direct materials Direct labor Supplies used Utilities Budgeted Snowmobile $ 19,500 10,400 Prepare a responsibility accounting performance report for the ATV department. Note: Under budget amounts should be indicated by a minus sign. Responsibility Accounting Performance Report Manager, ATV Department For Year Ended December 31 10,400 3,300 360 Budget 4,300 3,300 360 5,700 $ 43,560 $ Actual ATV 27,500 20,500 5,200 900 540 6,300 $ 60,940 19,420 $ 10,660 3,170 330
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 Totals Department manager salaries Supplies used Utilities Rent Totals Snowmobile $ 19,810 10,700 ▸ 4,600 3,630 Controllable Costs Responsibility Accounting Performance Report Manager, Snowmobile Department For Year Ended December 31 Budgeted $ 390 6,000 $ 45,130 Prepare a responsibility accounting performance report for the snowmobile department. Note: Under budget amounts should be indicated by a minus sign. 0 $ ATV $ 27,800 20,800 5,500 Actual 930 570 6,600 $ 62,200 Actual Snowmobile $ 19,720 10,990 4,700 3,470 360 5,600 $ 44,840 Over…
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 A For Year Ended December 31 Snowmobile ATV Direct materials Direct labor Department manager salaries Supplies used Utilities Rent Totals $ 20,700 11,600 $ 28,700 Snowmobile $ 20,620 21,700 11,980 5,500 6,400 4,620 1,020 480 6,900 660 7,500 $,600 4,370 450 6,500 $ 49,800 $ 65,980 $ 49,520 Prepare a responsibility accounting performance report for the snowmobile department. Note: Under budget amounts should be indicated by a minus sign. Responsibility Accounting Performance Report Manager, Snowmobile Department For Year Ended December 31 Totals Controllable Costs Budgeted Actual Over (Under)…
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 Actual For Year Ended December 31 Direct materials Direct labor Department manager salaries Snowmobile $ 19,610 10,500 ATV $ 27,600 Snowmobile $ 19,520 ATV $ 28,930 4,400 20,600 5,300 10,770 21,350 4,500 Supplies used Utilities Rent 3,410 370 5,800 910 550 6,400 3,270 340 5,400 4,500 940 510 6,400 Totals $ 44,090 $ 61,360 $ 43,800 $ 62,630 Exercise 24-1 (Algo) Responsibility accounting performance report LO P1 Prepare a responsibility accounting performance report for the snowmobile department. Note: Under budget amounts should be indicated by a minus sign. Responsibility Accounting Performance Report Controllable Costs Manager, Snowmobile Department For Year Ended December 31…
! Required information [The following information applies to the questions displayed below.] Totals 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 Snowmobile $ 19,880 10,800 4,700 3,740 400 6,100 $ 45,620 Prepare a responsibility accounting performance report for the ATV department. Note: Under budget amounts should be indicated by a minus sign. Responsibility Accounting Performance Report Manager, ATV Department For Year Ended December 31 Budgeted Controllable Costs ATV $ 27,900 20,900 5,600 940 580 6,700 $ 62,620 Actual Over (Under) Budget Actual Snowmobile $ 19,820 11,100 4,800 3,570 370 5,700 $ 45,360 ATV…
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 Actual For Year Ended December 31 Direct materials Snowmobile $ 19,610 ATV Snowmobile ATV $ 27,600 $ 19,520 10,770 4,500 $ 28,930 21,350 4,500 Direct labor Department manager salaries Supplies used Utilities 10,500 4,400 3,410 20,600 5,300 3,270 340 910 940 370 550 510 Rent 5,800 6,400 5,400 6,400 Totals $ 44,090 $ 61,360 $ 43,800 $ 62,630 Prepare a responsibility accounting performance report for the snowmobile department. (Under budget amounts should be indicated by a minus sign.) Responsibility Accounting Performance Report Manager, Snowmobile Department For Year Ended December 31 Over…
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 $ 19,990 $ 28,000 $ 19,920 $ 29, 370 Direct labor 10,900 21,000 11,210 21,790 Department manager salaries 4,800 5,700 4,900 4,900 Supplies used 3,850 950 3,670 970 Utilities 410 590 380 550 Rent 6,200 6,800 5,800 6,800 Totals $ 46,150 $ 63,040 $ 45,880 $ 64,380
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 Direct materials Direct labor Totals Department manager salaries Supplies used Utilities Rent Totals Budget Snowmobile $ 19,810 10,700 4,600 3,630 390 Controllable Costs 6,000 $ 45,130 Responsibility Accounting Performance Report Manager, ATV Department For Year Ended December 31 Budgeted Actual Actual ATV $ 27,800 20,800 5,500 930 570 6,600 $ 62,200 $44,840 Exercise 22-2 (Algo) Responsibility accounting performance report LO P1 Prepare a responsibility accounting performance report for the ATV department. Note: Under budget amounts should be indicated by a minus sign. Over (Under) Budget Snowmobile $ 19, 720 10,998 4,700 3,470 360 5,600 ATV $ 29,150 21,570 4,700…