Question

The mortgage division of Earl Financial Services, Inc., is managed by a vice president who supervises three regional operations. Each regional operation has a general manager and several branches directed by branch managers.
The West region has two branches, Field and Lynch. The March responsibility reports for the managers of these branches follow.


Other pertinent cost data for March follow.


Required
a. Prepare a responsibility report for the general manager of the West region.
b. Prepare a responsibility report for the vice president of the mortgage division.
c. Explain where the $5,000 unfavorable promotions variance in the Field branch manager’s report is included in the vice president’s report.
d. Based on the responsibility report prepared in Requirement a, explain where the West region’s general manager should concentrate herattention.


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  • CreatedFebruary 07, 2014
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