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Budget Performance Report for a Cost Center Sneed Industries Company sells vehicle parts to manufacturers of heavy construction equipment. The Crane Division is organized as a cost center. The budget for the Crane Division for the month ended August 31, 20Y6, is as follows (in thousands): Customer service salaries Insurance and property taxes Distribution salaries Marketing salaries Engineer salaries Warehouse wages < Equipment depreciation $ 437,500 87,500 831,250 525,000 1,295,000 490,000 271,250 Total $ 3,937,500 During August, the costs incurred in the Crane Division were as follows: Customer service salaries Insurance and property taxes Distribution salaries Marketing salaries Engineer salaries $ 625,600 83,470 798,150 630,700 1,255,025 ndli ne ion for 3350.p Warehouse wages Equipment depreciation Total Required: 467,330 263,500 $ 4,123,775 1. Prepare a budget performance report for the director of the Crane Division for the month of August. Enter amounts in thousands (same format as the data above). If an amount box does not require an entry, leave it blank. Sneed Industries Company Budget Performance Report-Director, Crane Division For the Month Ended August 31, 20Y6 < Customer service salaries Insurance and property taxes Distribution salaries Marketing salaries Engineer salaries Warehouse wages Equipment depreciation Total Budget Actual Over Budget (Under) Budget ? 1 0_F_2 DG5.. ndlin Re ne ion for 3350.pdf

Budget Performance Report for a Cost Center Sneed Industries Company sells vehicle parts to manufacturers of heavy construction equipment. The Crane Division is organized as a cost center. The budget for the Crane Division for the month ended August 31, 20Y6, is as follows (in thousands): Customer service salaries Insurance and property taxes Distribution salaries Marketing salaries Engineer salaries Warehouse wages < Equipment depreciation $ 437,500 87,500 831,250 525,000 1,295,000 490,000 271,250 Total $ 3,937,500 During August, the costs incurred in the Crane Division were as follows: Customer service salaries Insurance and property taxes Distribution salaries Marketing salaries Engineer salaries $ 625,600 83,470 798,150 630,700 1,255,025 ndli ne ion for 3350.p Warehouse wages Equipment depreciation Total Required: 467,330 263,500 $ 4,123,775 1. Prepare a budget performance report for the director of the Crane Division for the month of August. Enter amounts in thousands (same format as the data above). If an amount box does not require an entry, leave it blank. Sneed Industries Company Budget Performance Report-Director, Crane Division For the Month Ended August 31, 20Y6 < Customer service salaries Insurance and property taxes Distribution salaries Marketing salaries Engineer salaries Warehouse wages Equipment depreciation Total Budget Actual Over Budget (Under) Budget ? 1 0_F_2 DG5.. ndlin Re ne ion for 3350.pdf

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter10: Evaluating Decentralized Operations
Section: Chapter Questions
Problem 1PB
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Budget Performance Report for a Cost Center Sneed Industries Company sells vehicle parts to manufacturers of heavy construction equipment. The Crane Division is organized as a cost center. The budget for the Crane Division for the month ended August 31, 20Y6, is as follows (in thousands): Customer service salaries Insurance and property taxes Distribution salaries Marketing salaries Engineer salaries Warehouse wages < Equipment depreciation $ 437,500 87,500 831,250 525,000 1,295,000 490,000 271,250 Total $ 3,937,500 During August, the costs incurred in the Crane Division were as follows: Customer service salaries Insurance and property taxes Distribution salaries Marketing salaries Engineer salaries $ 625,600 83,470 798,150 630,700 1,255,025 ndli ne ion for 3350.p
Transcribed Image Text:Budget Performance Report for a Cost Center Sneed Industries Company sells vehicle parts to manufacturers of heavy construction equipment. The Crane Division is organized as a cost center. The budget for the Crane Division for the month ended August 31, 20Y6, is as follows (in thousands): Customer service salaries Insurance and property taxes Distribution salaries Marketing salaries Engineer salaries Warehouse wages < Equipment depreciation $ 437,500 87,500 831,250 525,000 1,295,000 490,000 271,250 Total $ 3,937,500 During August, the costs incurred in the Crane Division were as follows: Customer service salaries Insurance and property taxes Distribution salaries Marketing salaries Engineer salaries $ 625,600 83,470 798,150 630,700 1,255,025 ndli ne ion for 3350.p
Warehouse wages Equipment depreciation Total Required: 467,330 263,500 $ 4,123,775 1. Prepare a budget performance report for the director of the Crane Division for the month of August. Enter amounts in thousands (same format as the data above). If an amount box does not require an entry, leave it blank. Sneed Industries Company Budget Performance Report-Director, Crane Division For the Month Ended August 31, 20Y6 < Customer service salaries Insurance and property taxes Distribution salaries Marketing salaries Engineer salaries Warehouse wages Equipment depreciation Total Budget Actual Over Budget (Under) Budget ? 1 0_F_2 DG5.. ndlin Re ne ion for 3350.pdf
Transcribed Image Text:Warehouse wages Equipment depreciation Total Required: 467,330 263,500 $ 4,123,775 1. Prepare a budget performance report for the director of the Crane Division for the month of August. Enter amounts in thousands (same format as the data above). If an amount box does not require an entry, leave it blank. Sneed Industries Company Budget Performance Report-Director, Crane Division For the Month Ended August 31, 20Y6 < Customer service salaries Insurance and property taxes Distribution salaries Marketing salaries Engineer salaries Warehouse wages Equipment depreciation Total Budget Actual Over Budget (Under) Budget ? 1 0_F_2 DG5.. ndlin Re ne ion for 3350.pdf
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