Budget Performance Reports for Cost Centers

Partially completed budget performance reports for Iliad Company, a manufacturer of air conditioners, are provided below.

Iliad Company Budget Performance ReportVice President, Production For the Month Ended April 30, 2014
Plant	Budget		Actual		Over Budget		Under Budget
Mid-Atlantic Region	$394,800		$394,800				$0
West Region	284,300		281,500				2,800
South Region	(g)		(h)		(i)
	$(j)		$(k)		$(l)		$2,800

Iliad Company Budget Performance ReportManager, South Region Plant For the Month Ended April 30, 2014
Department	Budget		Actual		Over Budget		Under Budget
Chip Fabrication	$(a)		$(b)		$(c)
Electronic Assembly	96,070		97,320		1,250
Final Assembly	153,710		152,480				$1,230
	$(d)		$(e)		$(f)		$1,230

Iliad Company Budget Performance ReportSupervisor, Chip Fabrication For the Month Ended April 30, 2014
Cost	Budget		Actual		Over Budget		Under Budget
Factory wages	$29,860		$31,950		$2,090
Materials	63,590		63,140				$450
Power and light	3,370		4,010		640
Maintenance	6,240		6,830		590
	$103,060		$105,930		$3,320		$450

a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above.

a. $	g. $
b. $	h. $
c. $	i. $
d. $	j. $
e. $	k. $
f. $	l. $

b. The budget for the Chip Fabrication Department indicates that the budget overrun was caused by a combination of budget SelectsurplusesoverrunsItem 13 in wages, power and light, and maintenance that exceeded a budget SelectsurplusoverrunItem 14 in materials.