Budget Performance Reports for Cost Centers

Partially completed budget performance reports for Delmar Company, a manufacturer of light duty motors, follow:

Delmar Company

Budget Performance Report$$Vice President, Production

For the Month Ended June $30$

Plant Actual Budget Over

Budget $($Under$)$

Budget

Eastern Region $$444,500$ $$444,500$ $$0$

Central Region $316,800320,000(3,200)$

Western Region $($g$)($h$)($i$)$

$$($j$)$ $$($k$)$ $$($l$)$ $$(3,200)$

Delmar Company

Budget Performance Report$$Manager$,$ Western Region Plant

For the Month Ended June $30$

Department Actual Budget Over

Budget $($Under$)$

Budget

Chip Fabrication $$($a$)$ $$($b$)$ $$($c$)$

Electronic Assembly $76,30075,320980$

Final Assembly $118,800119,760$ $$(960)$

$$($d$)$ $$($e$)$ $$($f$)$ $$(960)$

Delmar Company

Budget Performance Report$$Supervisor$,$ Chip Fabrication

For the Month Ended June $30$

Cost Actual Budget Over

Budget $($Under$)$

Budget

Factory wages $$30,350$ $$28,360$ $$1,990$

Materials $68,86069,350$ $$(490)$

Power and light $5,5104,630880$

Maintenance $8,3207,600720$

$$113,040$ $$109,940$ $$3,590$ $$(490)$

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

Amount Amount

a$.$ $fill in the blank $1$ g$.$ $fill in the blank $2$

b$.$ $fill in the blank $3$ h$.$ $fill in the blank $4$

c$.$ $fill in the blank $5$ i$.$ $fill in the blank $6$

d$.$ $fill in the blank $7$ j$.$ $fill in the blank $8$

e$.$ $fill in the blank $9$ k$.$ $fill in the blank $10$

f$.$ $fill in the blank $11$ l$.$ $fill in the blank $12$

b$.$ Complete the following memo to Randi Wilkes, vice president of production for Delmar Company, explaining the performance of the production division for June.

MEMO

To: Randi Wilkes, Vice President of Production

The fill in the blank $1$ of $4$

plant has experienced a budget overrun. Its budget reveals that the fill in the blank $2$ of $4$

Department caused the majority of the budget overrun. The supervisor of the fill in the blank $3$ of $4$

Department should investigate the reasons for the budget overruns in fill in the blank $4$ of $4$

$.$