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One subunit of Bacall Sports Manufacturing Company had the following financial results last month: EEE (Click the icon to view the financial results.) Requirements 1. Complete the performance evaluation report for this subunit. 2. Based on the data presented, what type of responsibility center is the subunit? 3. Which items should be investigated if part of the management's decision criteria is to investigate all variances exceeding $2,500 or 12.5%? 4. Should only unfavorable variances be investigated? Explain. Requirement 1. Complete the performance evaluation report for this subunit. (Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth percent, X.XX%. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is co Direct materials Direct labor Indirect labor Utilities Depreciation Product Repairs and maintenance Total Get more help. Actual $ Budgeted 16,095 $ 15,240 29,200 16,395 24,000 6,285 $ 107,215 S 102,500 15,000 16,000 25,000 15,000 24,000 7,500 Variance (U or F) Data table 1 2 3 4 A с Bacall Sports Manufacturing Company-Water Sports Subunit Monthly Performance Report For the Month 5 Direct materials 6 Direct labor 7 Indirect labor 8 Utilities 9 Depreciation 10 Repairs and maintenance B $ Actual Budgeted 16,095 $ 15,000 15,240 16,000 29,200 25,000 16,395 15,000 24,000 Variance * 24,000 6,285 7,500 11 Total $ 107,215 S 102,500 "Be sure to indicate whether each variance is favorable (F) or unfavorable (U). E Variance Percentage *

One subunit of Bacall Sports Manufacturing Company had the following financial results last month: EEE (Click the icon to view the financial results.) Requirements 1. Complete the performance evaluation report for this subunit. 2. Based on the data presented, what type of responsibility center is the subunit? 3. Which items should be investigated if part of the management's decision criteria is to investigate all variances exceeding $2,500 or 12.5%? 4. Should only unfavorable variances be investigated? Explain. Requirement 1. Complete the performance evaluation report for this subunit. (Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth percent, X.XX%. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is co Direct materials Direct labor Indirect labor Utilities Depreciation Product Repairs and maintenance Total Get more help. Actual $ Budgeted 16,095 $ 15,240 29,200 16,395 24,000 6,285 $ 107,215 S 102,500 15,000 16,000 25,000 15,000 24,000 7,500 Variance (U or F) Data table 1 2 3 4 A с Bacall Sports Manufacturing Company-Water Sports Subunit Monthly Performance Report For the Month 5 Direct materials 6 Direct labor 7 Indirect labor 8 Utilities 9 Depreciation 10 Repairs and maintenance B $ Actual Budgeted 16,095 $ 15,000 15,240 16,000 29,200 25,000 16,395 15,000 24,000 Variance * 24,000 6,285 7,500 11 Total $ 107,215 S 102,500 "Be sure to indicate whether each variance is favorable (F) or unfavorable (U). E Variance Percentage *

Financial And Managerial Accounting
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter28: The Balanced Scorecard And Corporate Social Responsibility
Section: Chapter Questions
Problem 3PA: Hyperflash Inc. has a balanced scorecard that includes the following relationships: Actual results...
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One subunit of Bacall Sports Manufacturing Company had the following financial results last month: (Click the icon to view the financial results.) Requirements 1. Complete the performance evaluation report for this subunit. 2. Based on the data presented, what type of responsibility center is the subunit? 3. Which items should be investigated if part of the management's decision criteria is to investigate all variances exceeding $2,500 or 12.5%? 4. Should only unfavorable variances be investigated? Explain. Requirement 1. Complete the performance evaluation report for this subunit. (Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth percent, X.XX%. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is Direct materials Direct labor Indirect labor Utilities Product Depreciation Repairs and maintenance Total Get more help. $ Actual Budgeted 16,095 $ 15,240 29,200 16,395 24,000 6,285 $ 107,215 S 102,500 15,000 16,000 25,000 15,000 24,000 7.500 Variance (U or F) Data table 1 2 3 с D Bacall Sports Manufacturing Company-Water Sports Subunit Monthly Performance Report For the Month 4 Actual Budgeted 15,000 16,000 16,095 $ 15,240 29,200 25,000 16,395 15,000 24,000 24,000 6,285 7,500 $ 107,215 S 102,500 11 Total *Be sure to indicate whether each variance is favorable (F) or unfavorable (U). B 5 Direct materials 6 Direct labor 7 Indirect labor 8 Utilities 9 Depreciation 10 Repairs and maintenance $ Variance * E Variance Percentage * X
Transcribed Image Text:One subunit of Bacall Sports Manufacturing Company had the following financial results last month: (Click the icon to view the financial results.) Requirements 1. Complete the performance evaluation report for this subunit. 2. Based on the data presented, what type of responsibility center is the subunit? 3. Which items should be investigated if part of the management's decision criteria is to investigate all variances exceeding $2,500 or 12.5%? 4. Should only unfavorable variances be investigated? Explain. Requirement 1. Complete the performance evaluation report for this subunit. (Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth percent, X.XX%. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is Direct materials Direct labor Indirect labor Utilities Product Depreciation Repairs and maintenance Total Get more help. $ Actual Budgeted 16,095 $ 15,240 29,200 16,395 24,000 6,285 $ 107,215 S 102,500 15,000 16,000 25,000 15,000 24,000 7.500 Variance (U or F) Data table 1 2 3 с D Bacall Sports Manufacturing Company-Water Sports Subunit Monthly Performance Report For the Month 4 Actual Budgeted 15,000 16,000 16,095 $ 15,240 29,200 25,000 16,395 15,000 24,000 24,000 6,285 7,500 $ 107,215 S 102,500 11 Total *Be sure to indicate whether each variance is favorable (F) or unfavorable (U). B 5 Direct materials 6 Direct labor 7 Indirect labor 8 Utilities 9 Depreciation 10 Repairs and maintenance $ Variance * E Variance Percentage * X
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