Question

Budget Performance Reports for Cost Centers

Partially completed budget performance reports for Garland Company, a manufacturer of light duty motors, follow:

Garland Company Budget Performance Report—Vice President, Production For the Month Ended November 30
Plant	Actual		Budget		Over Budget		Under Budget
Eastern Region	$460,300		$460,300				$0
Central Region	331,400		328,100		3,300
Western Region	(g)		(h)				(i)
	$(j)		$(k)		$(l)		$3,200

Garland Company Budget Performance Report—Manager, Western Region Plant For the Month Ended November 30
Department	Actual		Budget		Over Budget		Under Budget
Chip Fabrication	$(a)		$(b)				$(c)
Electronic Assembly	92,400		93,600				1,200
Final Assembly	148,760		147,570		$1,190
	$(d)		$(e)		$(f)		$4,390

Garland Company Budget Performance Report—Supervisor, Chip Fabrication For the Month Ended November 30
Cost	Actual		Budget		Over Budget		Under Budget
Factory wages	$30,000		$32,100				$2,100
Materials	58,420		58,010		$410
Power and light	4,330		5,150				820
Maintenance	7,180		7,860				680
	$99,930		$103,120		$410		$3,600

a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above.

a. $	g. $
b. $	h. $
c. $	i. $
d. $	j. $
e. $	k. $
f. $	l. $

Answer 1

Garland Company
Budget Performance Report—Manager, Western Region Plant
For the Month Ended November 30
Department	Actual		Budget		Over Budget		Under Budget
Chip Fabrication	99,930		1,03,120				3190
Electronic Assembly	92,400		93,600				1,200
Final Assembly	1,48,760		1,47,570		1190
	3,41,090		3,44,290		1190		4390
Garland Company
Budget Performance Report—Vice President, Production
For the Month Ended November 30
Plant	Actual		Budget		Over Budget		Under Budget
Eastern Region	460300		460300				0
Central Region	3,31,400		3,28,100		3,300
Western Region	341090		344290				3200
	1132790		1132690		3,300		3200