Question

1. Partially completed budget performance reports for Garland Company, a manufacturer of light duty motors, follow:

   Garland Company Budget Performance Report—Vice President, Production For the Month Ended November 30
   Plant	Actual		Budget		Over Budget		Under Budget
   Eastern Region	$401,300		$401,300				$0
   Central Region	288,900		286,000		$2,900
   Western Region	(g)		(h)				(i)
   	$(j)		$(k)		$(l)		$2,570

   Garland Company Budget Performance Report—Manager, Western Region Plant For the Month Ended November 30
   Department	Actual		Budget		Over Budget		Under Budget
   Chip Fabrication	$(a)		$(b)				$(c)
   Electronic Assembly	79,250		80,280				1,030
   Final Assembly	126,010		125,000		$1,010
   	$(d)		$(e)		$(f)		$3,580

   Garland Company Budget Performance Report—Supervisor, Chip Fabrication For the Month Ended November 30
   Cost	Actual		Budget		Over Budget		Under Budget
   Factory wages	$22,720		$24,310				$1,590
   Materials	58,140		57,730		$410
   Power and light	4,040		4,810				770
   Maintenance	6,300		6,900				600
   	$91,200		$93,750		$410		$2,960

   a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above.

   a. $	g. $
   b. $	h. $
   c. $	i. $
   d. $	j. $
   e. $	k. $
   f. $	l. $

   b. The budget for the Chip Fabrication Department indicates that the budget overrun was caused by a combination of budget

   • surpluses
   • overruns
   in factory wages, power and light, and maintenance that exceeded a budget
   • surplus
   • overrun
   in materials.

Answer 1