Partially completed budget performance reports for Iliad 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 Dana Johnson, vice president of production for Iliad Company, explaining the performance of the production division for April.

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lliad Company Budget Performance Report-Vice President, Production For the Month Ended April 30, 2010 Budget Actual Over Budget Under Budget Plant Mid-Atlantic Region West Region South Region $ 416,000 297,600 fal $416,000 296,000 th Ik) 1,600 $1,600 lliad Company Budget Peformance Report-Manager, South Region Plant For the Month Ended April 30, 2010 Under Budget Over Budget Department Budget Actual Chip Fabrication Electronic Assembly Final Assembly (al (b) (cl 85,120 137,120 id 86,240 1,120 136,640 (e) $480 (f) $480 lliad Company Budget Performance Report-Supervisor, Chip Fabrication For the Month Ended April 30, 2010 Budget S 24,640 69,600 3,840 6,720 $1 04,800 Over Budget Under Budget Department Actual $ 26,400 Factory wages Materials Power and light Maintenance $1,760 69,120 4,560 $480 720 7,360 $107,440 640 $3 120 $480