Question

Winnie’s World operates a chain of pet stores in the Prairies. The manager of each store reports to the regional manager, who, in turn, reports to the headquarters in Regina. The actual income statements for the Winnipeg store, the Manitoba region (including the Winnipeg store), and the company as a whole (including the Manitoba region) for July are as follows:
Budgeted amounts for July were as follows:
Requirements
1. Prepare a report for July that shows the performance of the Winnipeg store, the Manitoba region, and the company as a whole. Follow the format of Exhibit 9-21.
2. As the Manitoba region manager, would you investigate the Winnipeg store on the basis of this report? Why or why not?
3. Briefly discuss the benefits of budgeting. Base your discussion on Winnie’s World’s performance report.


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  • CreatedApril 30, 2015
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