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Partially completed budget performance reports for Gehring Company, a manufactur

ID: 2376547 • Letter: P

Question


Partially completed budget performance reports for Gehring Company, a manufacturer of air conditioners, are provided below.




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.  $ Partially completed budget performance reports for Gehring Company, a manufacturer of air conditioners, are provided below. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above.

Explanation / Answer

Answers

Department

Budget

Actual

Over budget

Under Budget

Chip Fabrication

$                                     1,57,200.00

$                 1,61,160.00

$              3,960.00

Electronic Assembly

$                                     1,27,680.00

$                 1,29,360.00

$              1,680.00

Final Assembly

$                                         20,550.00

$                 2,04,960.00

$                       540.00

$                                     3,05,430.00

$                 4,95,480.00

$              5,640.00

$                       540.00

Plant

Budget

Actual

Over budget

Under Budget

Mid Atlantic Region

$                                     6,24,000.00

$                 6,22,500.00

$                   1,500.00

West Region

$                                     4,46,400.00

$                 4,44,000.00

$                   2,400.00

South region

$                                     3,05,430.00

$                 4,95,480.00

$        1,90,050.00

$                                   13,75,830.00

$               15,61,980.00

$        1,90,050.00

$                   3,900.00

a

$        1,57,200.00

b

$        1,61,160.00

c

$              3,960.00

d

$        3,05,430.00

e

$        4,95,480.00

f

$              5,640.00

g

$        3,05,430.00

h

$        4,95,480.00

i

$        1,90,050.00

j

$      13,75,830.00

k

$      15,61,980.00

l

$        1,90,050.00

Department

Budget

Actual

Over budget

Under Budget

Chip Fabrication

$                                     1,57,200.00

$                 1,61,160.00

$              3,960.00

Electronic Assembly

$                                     1,27,680.00

$                 1,29,360.00

$              1,680.00

Final Assembly

$                                         20,550.00

$                 2,04,960.00

$                       540.00

$                                     3,05,430.00

$                 4,95,480.00

$              5,640.00

$                       540.00