BUS$-317$ Class Resources

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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 $30$

$\backslash$table$[[$Plant$,$Actual,Budget,$\backslash$table$[[$Over$],[$Budget$]],\backslash$table$[[($Under$)],[$Budget$]]],[$Eastern Region,$$530,500,$$$530,500,,$$$0$

Divisional income statements with support department allocations

Horton Technology has two divisions, Consumer and Commercial, and two corporate support departments, Tech Services and Purchasing. The corporate expenses for the year ended December $31,20$Y$7,$ are as follows:

$\backslash$table$[[$Tech Services Department,$$963,600$

Profit center responsibility reporting for a service company

Thomas Railroad Company organizes its three divisions, the North $($N$),$ South $($S$),$ and West $($W$)$ regions, as profit centers. The chief executive officer $($CEO$)$ evaluates divisional performance, using operating income as a percent of revenues. The following quarterly income and expense accounts were provided from the trial balance as of December $31$:

$\backslash$table$[[$Revenues$-$N Region,$$799,600$