Vernon 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. Ench 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 Badgeted hetual Variance Paint Department Controllable costs Raw materials $ 59,000 $ 61,700 $ 2,700 Labor 59.400 67.400 8.000 Repairs 6,500 5,400 1,100 Maintenance 4.300 3.990 310 Total $129,200 $138.490 $ 9,290 Finishing Department Controllable costs Raw materials $ 47,000 $44,300 $2.700 Labor 46,700 41,600 5.100 Repairs 3,680 4,290 510 Maintenance 2.200 710 Total $100,000 $ 93,500 56,580 "Vemon uses flexible budgets for performance evaluation Other pertinent cost data for May follow. Budgetede actual Coat data of other divisions Assembly Machining Packing Other costs associated with Processing division manager Vice president of manufacturing $380.500 298,500 423,450 $376,000 313,400 407.400 22), 400 136,500 221,000 145.810 "Vemon 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 Complete the beserings in the table AA Red Trepe a pohlay porn for the manager of the proceso No for more Response Heport Processing Division Manage For the Month Ended Mey Budget Controllable costs Pont department Finishing department Finishing Department Controllable costs Raw materials Labor Repairs Maintenance Total $ 47,000 46,700 3,680 2,700 $100,000 $ 44,300 41,600 4,190 3,410 $ 93,500 $2,700 2 5,100 510 710 $ 6,500 *Vernon uses flexible budgets for performance evaluation. Other pertinent cost data for May follow. Budgeted Actual Cost data of other divisions Assembly Machining Packing Other costs associated with Processing division manager Vice president of manufacturing $388,500 298,500 423,450 $376,000 313,400 407.400 223,400 136,500 221,000 145,810 "Vernon 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. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a responsibility report for the manager of the processing division. (Indicate the effect of each variance by selecting "P" for ble "U" for unfavorable, and "None' for no effectiero Varance) Responsibility Report Processing Division Manager For the Month Ended May 31 Budget Actual Variances Controllable costs Paint department Finishing department Other costs Total Required> Finishing Department Controllable costs Raw materials Labor Repairs Maintenance Total $ 67,000 46,700 3,680 2,700 $100,000 $ 44,300 41,600 4,190 3,410 5 93,500 $ 2,700 T 5,100 7 510U 710 $6,580 "Vernon uses flexible budgets for performance evaluation. Other pertinent cost data for May follow. Budgeted Actual Cost data of other divisions Assembly Machining Packing Other costs associated with Processing division manager Vice president of manufacturing 5388,500 298,500 423,450 $376,000 313,400 407,400 223,400 136,500 221,000 145,810 "Vernon 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 Complete this question by entering your swers in the tabs below. Required Relain There are sponibility report for the vice president of manufacturing (Indicate the effect reachableting for favor, "U" for unfavorable and for so effectie. Variance)) Responsibility Report Vice President of Manufacturing For the Month Ended May 31 Budget Actual Variances Controllable costs Assembly division Processing division Machining division Packing division Other costs Total