Fultz Company’s organization chart includes the president; the vice president of
ID: 2491885 • Letter: F
Question
Fultz Company’s organization chart includes the president; the vice president of production; three assembly plants—Dallas, Atlanta, and Tucson; and two departments within each plant—Machining and Finishing. Budget and actual manufacturing cost data for July 2014 are as follows. Finishing Department—Dallas: direct materials $41,480 actual, $46,860 budget; direct labor $83,330 actual, $81,380 budget; manufacturing overhead $50,280 actual, $51,810 budget. Machining Department—Dallas: total manufacturing costs $220,350 actual, $217,560 budget. Atlanta Plant: total manufacturing costs $422,690 actual, $424,790 budget. Tucson Plant: total manufacturing costs $496,300 actual, $497,480 budget. The Dallas plant manager’s office costs were $96,040 actual and $92,420 budget. The vice president of production’s office costs were $135,850 actual and $134,440 budget. Office costs are not allocated to departments and plants. Prepare the reports in a responsibility system for: The Finishing Department—Dallas.
To Dallas Department Manager—Finishing
Month: July
Controllable Costs:
Budget
Actual
Favorable (F)
Unfavorable (U)
Neither Favorable
nor Unfavorable (N)
Total
LINK TO TEXT
LINK TO TEXT
To Assembly Plant Manager—Dallas
Month: July
Controllable Costs:
Budget
Actual
Favorable (F)
Unfavorable (U)
Neither Favorable
nor Unfavorable (N)
Total
LINK TO TEXT
LINK TO TEXT
To Vice President—Production
Month: July
Controllable Costs:
Budget
Actual
Favorable (F)
Unfavorable (U)
Neither Favorable
nor Unfavorable (N)
Total
To Dallas Department Manager—Finishing
Month: July
Controllable Costs:
Budget
Actual
Favorable (F)
Unfavorable (U)
Neither Favorable
nor Unfavorable (N)
UtilitiesDirect LaborManufacturing OverheadDirect MaterialsLubricantsIndirect LaborMaintenanceIndirect Materials
$ $ $FNU
Direct MaterialsUtilitiesIndirect MaterialsMaintenanceIndirect LaborDirect LaborManufacturing OverheadLubricants
UNF
LubricantsDirect LaborIndirect MaterialsUtilitiesDirect MaterialsIndirect LaborMaintenanceManufacturing Overhead
FUN
Total
$ $ $UNF
LINK TO TEXT
LINK TO TEXT
Explanation / Answer
Solution To Dallas Department Manager—Finishing Month: July Controllable Costs: Budget Actual F/U/N Direct materials 46,860 41,480 F Direct labor 81380 83330 U Manufacturing overhead 51810 50280 F Machining Department—Dallas: total manufacturing costs 217560 220350 U To Assembly Plant Manager—Dallas Dallas Office 96040 92040 U Atlanta Plant: total manufacturing costs 424790 422690 F To Vice President—Production V P Production 134440 135850 U
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