Question: Prepare reports in a responsibility reporting system. (LO 3) E10-12B Horton Company's organization chart includes the president; the vice pres-ident of production; three assembly plants-Detroit,
Prepare reports in a responsibility reporting system. (LO 3) E10-12B Horton Company's organization chart includes the president; the vice pres-ident of production; three assembly plants-Detroit, Atlanta, and Tucson; and two departments within each plant- Machining and Finishing. Budget and actual manufacturing cost data for July 2017 are as follows: Finishing Department-Detroit: Direct materials $51,700 actual, $55,000 budget direct labor $83,000 actual, $82,000 budget; manufacturing overhead $51,000 actual, $49,200 budget Machining Department-Detroit: Total manufacturing costs $217,000actual, $216,000 budget. Atlanta Plant: Total manufacturing costs $424,000 actual, $421,000 budget. Tucson Plant: Total manufacturing costs $494,000 actual, $496,500 budget. The Detroit plant manager's office costs were $90,000 actual and $87,500 budget. The vice president of productions office costs were $165,000 actual and $160,000 budget. Office costs are not allocated to departments and plants. Instructions Using the format on page 430 in the textbook, prepare the reports in a responsibility system for (a) The Finishing Department-Detroit. (b) The plant manager-Detroit. (c) The vice president of production
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