JDC Engineering Co. provided the following information for their business year ending June 30th, 2021. Plant Manager VP of Manufacturing President Controllable Expenses Budget Actual Budget Actual Budget Actual Office expense 7,330 9,760 12,960 16,560 24,940 16,320 Printing 20,080 16,600 Paging 2,440 2,220 Binding 4,740 4,960 Purchasing 23,760 27,360 Receiving 11,080 15,310 Inspection 18,490 17,360 VP of Marketing 197,420 176,490 Controller 152,290 110,340 Treasurer 96,490 71,980 VP of Personnel 47,340 72,680 Prepare the responsibility accounting reports for the three levels of management--plant manager, vice president of manufacturing, and president.
JDC Engineering Co. provided the following information for their business year ending June 30th, 2021. Plant Manager VP of Manufacturing President Controllable Expenses Budget Actual Budget Actual Budget Actual Office expense 7,330 9,760 12,960 16,560 24,940 16,320 Printing 20,080 16,600 Paging 2,440 2,220 Binding 4,740 4,960 Purchasing 23,760 27,360 Receiving 11,080 15,310 Inspection 18,490 17,360 VP of Marketing 197,420 176,490 Controller 152,290 110,340 Treasurer 96,490 71,980 VP of Personnel 47,340 72,680 Prepare the responsibility accounting reports for the three levels of management--plant manager, vice president of manufacturing, and president.
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter2: Basic Managerial Accounting Concepts
Section: Chapter Questions
Problem 2MCQ: Product (or manufacturing) costs consist of a. direct materials, direct labor, and selling costs. b....
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JDC Engineering Co. provided the following information for their business year ending June 30th, 2021.
Plant Manager | VP of Manufacturing | President | ||||
---|---|---|---|---|---|---|
Controllable Expenses | Budget | Actual | Budget | Actual | Budget | Actual |
Office expense | 7,330 | 9,760 | 12,960 | 16,560 | 24,940 | 16,320 |
Printing | 20,080 | 16,600 | ||||
Paging | 2,440 | 2,220 | ||||
Binding | 4,740 | 4,960 | ||||
Purchasing | 23,760 | 27,360 | ||||
Receiving | 11,080 | 15,310 | ||||
Inspection | 18,490 | 17,360 | ||||
VP of Marketing | 197,420 | 176,490 | ||||
Controller | 152,290 | 110,340 | ||||
Treasurer | 96,490 | 71,980 | ||||
VP of Personnel | 47,340 | 72,680 |
Prepare the responsibility accounting reports for the three levels of management--plant manager, vice president of manufacturing, and president.
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