Prepare a responsibility report for the manager of the processing division. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Amarillo Corporation has four divisions: the assembly division, the processing division, the machining division, and the packing division. All four divisions are under the control of the vice president of manufacturing. Each division has a manager and several departments that are directed by supervisors. The chain of command runs downward from vice president to division manager to supervisor. The processing division is composed of the paint and finishing departments. The May responsibility reports for the supervisors of these departments follow. Responsibility Report Processing Division Manager For the Month Ended May 31 Budget Actual Budgeted* Actual Variance Variances $ 84,000 115,400 9,600 5,200 $214,200 $ 86,000 128,000 7,740 4,920 $226,660 $ 2,000 U 12,600 U 1,860 F 280 F $12,460 U Controllable costs Paint department Finishing department Other costs Total Paint Department Controllable costs Raw materials Labor Repairs Maintenance Total Finishing Department Controllable costs Raw materials Labor Repairs Maintenance Total Required A Required B $ 60,000 86,600 5,660 $ 58,000 79,800 6,340 4,100 $148, 240 $ 2,000 F 6,800 F 680 U 740 u $ 7,380 F 3,360 Prepare a responsibility report for the vice president of manufacturing. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) $155,620 *Amarillo uses flexible budgets for performance evaluation. Other pertinent cost data for May follow. Responsibility Report Vice President of Manufacturing For the Month Ended May 31 Budget Actual Variances Budgeted Actual Cost data of other divisions Assembly Machining Packing Other costs associated with Processing division manager Vice president of manufacturing $760,000 580,000 829,900 $748,600 592,800 811, 400 Controllable costs Assembly division Processing division Machining division Packing division Other costs Total 440,000 256,000 435,600 266,120 *Amarillo uses flexible budgets for performance evaluation. Required a. Prepare a responsibility report for the manager of the processing division. b. Prepare a responsibility report for the vice president of manufacturing