WileyPLUS Exercise 2213 Part Level Submission od Exercise 22

WileyPLUS Exercise 22-13 (Part Level Submission) od Exercise 22-13 (Part Level Submission) Fey Company\'s organization chart includes the president; the vice president of production; three assembly plants-Dallas, Atlanta, and Tucson; and two departments within each plant-Machining and Finishing. Budget and actual manufacturing cost data for July 2017 are as follows Finishing Department-Dallas: direct materials $42,230 actual, $48,840 budget; direct labor $84,780 actual, $84,510 budget; manufacturing overhead $51,210 actual, $51,280 budget. Machining Department-Dallas: total manufacturing costs $222,770 actual, $218,750 budget. Atlanta Plant: total manufacturing costs $424,860 actual, $422,010 budget. Tucson Plant: total manufacturing costs $493,700 actual, $496,360 budget. The Dallas plant manager\'s office costs were $97,920 actual and $94,570 budget. The vice president of production\'s office costs were $135,790 actual and $131,170 budget. Office costs are not allocated to departments and plants. Prepare the reports in a responsibility system for: The Finishing Department-Dallas : July nor Unfavorable Budget Total Open Show Work Click if you would like to Show Work for this question:

Solution

Answer a. To Dallas Department Manager - Finishing Month: July Controllable Costs Budget Actual Favourable (F) Unfavourable (U) Neither Favourable Nor Unfavourable (N) Direct Materials      48,840.00      42,230.00    6,610.00 Favorable Direct Labor      84,510.00      84,780.00       270.00 Unfavorable Manufacturing Overhead      51,280.00      51,210.00          70.00 Favorable Total    184,630.00    178,220.00    6,410.00 Favorable