question 1

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 Report-Vice President, Production For the Month Ended April 30, 2014 over Budget Under Budget Plant Budget Actual Mid-Atlantic Region $579,100 $579,100 $0 West Region 417,000 412,800 200 (g) (h) South Region $(j) $(k) $(I) $4,200 Iliad Company Budget Performance Report-Manager, South Region Plant For the Month Ended April 30, 2014 Budget over Budget Under Budget Department Actua Chip Fabrication $(a) $(b) $(c) Electronic Assembly 68,710 67,830 880 Final Assembly 108,530 107,660 $870 $870 $(e) Iliad Company Budget Performance Report-Supervisor, Chip Fabrication For the Month Ended April 30, 2014 Budget Cost Actua over Budget Under Budget $1,490 Factory wages $21,230 22,720 aterials 63,770 63,320 $450 Power and light 6,930 aintenance 7,590 $97,880 $450 $95,500 2,830 a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a as marked above