Budget Performance Reports for Cost Centers Partially completed budget performance reports for Runquist Company, a manufacturer of RUNQUIST COMPANY Budget Performance Report-Vice President, Production For the Month Ended April 30 Over (Under) Plant Budget Actual Budget Budget Daytona $2,300,000 $2,287,900 $(12,100) Little 3,000,000 2,988,400 (11,600) Rock Oxford (g) (h) (i) $(j) $(k) $(1) $(23,700) RUNQUIST COMPANY Budget Performance Report-Plant Manager, Oxford Plant For the Month Ended April 30 Department Budget Actual (Under) Budget Over Budget Condenser $(a) $(b) $(c) Assembly Electronic 700,000 703,200 3,200 Assembly Final 525,000 516,600 $(8,400) Assembly $(d) $(e) $(f) $(8,400) RUNQUIST COMPANY Budget Performance Report-Supervisor, Condenser Assembly For the Month Ended April 30 Department Budget Actual Over Budget (Under) Budget Factory $82,000 $95,500 $13,500 wages Materials 120,000 115,300 $(4,700) Power and light 45,000 49,950 4,950 Maintenance 28,000 37,200 9,200 $275,000 $297,950 $27,650 $(4,700) a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a. 1.) found above. a. $ b. $ C. $ d. $ X g. $ X h. $ x 1. $ 17,750 j. $ k. $ X 1. $ 17,750 > e. f. $ b. If you were composing a memo to Jeff Kitchens, Vice President of Production, explaining the performance of the Production Division for April, you might include the following: The Oxford plant has experienced a budget have experienced a budget ' while the Daytona and Little Rock plants The budget of the Oxford plant reveals that the Condenser Assembly Department caused the majority of the budget the Condenser Assembly Department indicates that the budget combination of budget overruns in The budget for was caused by a that exceeded a budget surplus in materials