The plant manager of the Ohio factory is responsible for two cost centers, Clothing and Shoes. Responsibility accounting reports forthe Ohio factory (incomplete) and for the Shoes department (complete) followManager, Shoes DepartmentControllable CostsDirect materialsDirect laborSupplies usedTotalsSalaries, department managersRentBudgeted$ 32,00016,6008,400$ 57,000InsuranceClothing departmentShoes departmentTotalsComplete the report for the Ohio factory by determining the missing items. (Enter under-budget amounts with a minus sign.)Plant Manager, Ohio FactoryControllable CostsBudgetedActual$ 31,30017,40010,530$ 59,230SOver (Under)Budget$ (1,300)BOO2,130$1,63020,200 $8,7002.40040,200Actual Over (Under) Budget20,200 $8,7002,64039,110$ 129,100 $ 129,680 $0780

Variable costs are costs that varies with the change in the level of output whereas fixed costs are…

The plant manager of the Ohio factory is responsible for two cost centers Clothing and Shoes. Responsibility accounting reports for the Ohio factory (incomplete) and for the Shoes department (complete) follow Manager, Shoes Department Controllable costs Direct materials Direct labor Supplies used Totals Salaries, department managers Rent Budgeted $ 32,000 16,600 8,400 $57,600 Insurance Clothing department Shoes department Totals Complete the report for the Ohio factory by determining the missing items. (Enter under-budget amounts with a minus sign.) Plant Manager, Ohio Factory Controllable Costs Budgeted Actual $31,300 S 17,400 10,530 $ 59,230 20,200 $ 8.700 2.400 40.200 S 129,100 S Over (Under) Budget $ (1,300) 800 2,130 $1,630 Actual Over (Under) Budget 20,200 $ 8,700 2.640 39,110 129,000 $ 780

The plant manager of the Ohio factory is responsible for two cost centers Clothing and Shoes. Responsibility accounting reports for the Ohio factory (incomplete) and for the Shoes department (complete) follow Manager, Shoes Department Controllable costs Direct materials Direct labor Supplies used Totals Salaries, department managers Rent Budgeted $ 32,000 16,600 8,400 $57,600 Insurance Clothing department Shoes department Totals Complete the report for the Ohio factory by determining the missing items. (Enter under-budget amounts with a minus sign.) Plant Manager, Ohio Factory Controllable Costs Budgeted Actual $31,300 S 17,400 10,530 $ 59,230 20,200 $ 8.700 2.400 40.200 S 129,100 S Over (Under) Budget $ (1,300) 800 2,130 $1,630 Actual Over (Under) Budget 20,200 $ 8,700 2.640 39,110 129,000 $ 780

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter4: Accounting For Factory Overhead

Section: Chapter Questions

Problem 9E: A manufacturing company has two service and two production departments. Human Resources and Machine...

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