Arctica manufactures snowmobiles and ATVS. These products are made in different departments, and each department has its own manager. Each responsibility performance report only includes those costs that the particular department manager can controt: raw materials, wages, supplies used, and equipment depreciation. Budget ATV $28,300 $ 48,600 21,300 6,000 980 13, 300 620 7,100 $77,600 $132,120 Actual Snowmobile $20,300 11,200 5,100 4,180 6,800 440 6,500 $54,520 Snownobile $20,220 11,540 5,200 3,970 6,800 410 6,100 $54,240 Combined ATV $29,700 $ 49,920 22,120 5,200 1,020 13, 300 580 7,100 $79,020 $133, 260 Combined Raw naterials Employee wages Dept. manager salary Supplies used Depreciation-Equip. Utitities 32,500 11,100 5,160 20,100 1,060 13,600 33,660 10,400 4,990 20, 100 990 Rent 13,200 Totals Prepare a responsibility accounting report for the ATV department. (Under budget amounts should be indicated by a minus sign.)

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Arctica manufactures snowmobiles and ATVS. These products are made in different departments, and each department has its own
manager. Each responsibility performance report only includes those costs that the particular department manager can controt: raw
materials, wages, supplies used, and equipment depreciation.
Budget
ATV
$28,300 $ 48,600
21,300
6,000
980
13,300
620
7, 100
$77,600 $132,120
Actual
Combined
Snowmobile
$20,300
11, 200
5,100.
4,180
6,800
440
6,500
$54,520
Snowmobile
$20,220
11,540
5, 200
3,970
6,800
410
6,100
$54,240
Combined
Raw materials
Employee wages
Dept. manager salary
Supplies used
Depreciation-Equip.
Utilities
Rent
ATV
$29,700 $ 49,920
22,120
5, 200
1,020
13, 300
580
7, 100
$79,020 $133,260
33, 660
10,400
32,500
11,100
5, 160
20, 100
1,060
13,600
4,990
20, 100
990
13,200
Totals
Prepare a responsibility accounting report for the ATV department. (Under budget amounts should be indicated by a minus sign.)
Transcribed Image Text:Arctica manufactures snowmobiles and ATVS. These products are made in different departments, and each department has its own manager. Each responsibility performance report only includes those costs that the particular department manager can controt: raw materials, wages, supplies used, and equipment depreciation. Budget ATV $28,300 $ 48,600 21,300 6,000 980 13,300 620 7, 100 $77,600 $132,120 Actual Combined Snowmobile $20,300 11, 200 5,100. 4,180 6,800 440 6,500 $54,520 Snowmobile $20,220 11,540 5, 200 3,970 6,800 410 6,100 $54,240 Combined Raw materials Employee wages Dept. manager salary Supplies used Depreciation-Equip. Utilities Rent ATV $29,700 $ 49,920 22,120 5, 200 1,020 13, 300 580 7, 100 $79,020 $133,260 33, 660 10,400 32,500 11,100 5, 160 20, 100 1,060 13,600 4,990 20, 100 990 13,200 Totals Prepare a responsibility accounting report for the ATV department. (Under budget amounts should be indicated by a minus sign.)
Responsibility Accounting Performance Report
Dept. Manager, ATV Department
For the Year
Budgeted
Amount
Over (Under)
Budget
Actual Amount
Controllable Costs:
Raw materials
Employee wages
Supplies used
Depreciation-Equipment
Totals
0 $
0 $
%24
Transcribed Image Text:Responsibility Accounting Performance Report Dept. Manager, ATV Department For the Year Budgeted Amount Over (Under) Budget Actual Amount Controllable Costs: Raw materials Employee wages Supplies used Depreciation-Equipment Totals 0 $ 0 $ %24
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