Partially completed budget performance reports for Runquist Company, a manufacturer of air conditioners, are provided below.

a. Complete the budget performance reports by determining the correct amounts for the lettered spaces.
b. Compose a memo to Jeff Kitchens, president of Meridian Company, explaining the performance of the Production Division for June.

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RUNQUIST COMPANY Budget Performance Report-Vice President, Production For the Month Ended April 30 Plant Budget $2,300,000 3,000,000 Actual Over Budget Daytona Little Rock Oxford (Under) Budget $(12,100) (11,600) $2,287,900 2,988,400 (ul 0 $ (0) $(23,700) RUNQUIST COMPANY Budget Peformance Report-Plant Manager, Oxford Plant For the Month Ended April 30 Department Condenser Assembly Electronic Assembly Final Assembly Budget s (a) 700,000 525,000 $ (d) Actual Over Budget $ (C) 3,200 (Under) Budget $ (b) 703,200 516,600 s (e) $(8,400) $(8,400) $_ (f) RUNQUIST COMPANY Budget Performance Report Supervisor, Condenser Assembly For the Month Ended April 30 Department Factory wages Materials Power and light Maintenance Budget Actual Over Budget (Under) Budget $13,500 82,000 120,000 45,000 28,000 $275,000 95,500 115,300 49,950 $(4,700) 4,950 9,200 $27,650 37 $297,950 $(4,700)