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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Illad Company Budget Performance Report-Vice President, Production For the Month Ended April 30, 2010 Under Budget Over Budget Plant Budget $ 416,000 Actual Mid-Atlantic Region West Region South Region $416,000 297,600 (g) () 296,000 1,600 (h) (i) $ (1) (k) $1,600 Iliad Company Budget Peformance Report-Manager, South Region Plant For the Month Ended April 30, 2010 Under Budget Over Budget $ (c) Budget Actual Department Chip Fabrication Electronic Assembly Final Assembly (a) 85,120 (b) 86,240 1,120 137,120 (d) 136,640 (e) $480 (f) $480 Iliad Company Budget Performance Report-Supervisor, Chip Fabrication For the Month Ended April 30, 2010 Over Budget $ 1,760 Under Budget Department Factory wages Materials Budget $ 24,640 69,600 3,840 6,720 $104,800 Actual $ 26,400 69,120 4,560 7,360 $107,440 S480 Power and light 720 Maintenance 640 $ 3,120 $480