Managerial Accounting
Managerial Accounting
15th Edition
ISBN: 9781337912020
Author: Carl Warren, Ph.d. Cma William B. Tayler
Publisher: South-Western College Pub
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[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 (Under)
Budget
$
ATV
$ 29,150
21,570
4,700
970
6,600
$ 63,520
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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 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 (Under) Budget $ ATV $ 29,150 21,570 4,700 970 6,600 $ 63,520
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