Exercise 10-13 (Part Level Submission) Fultz Company’s organization chart includ

Question

Exercise 10-13 (Part Level Submission) 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 $43,640 actual, $45,010 budget; direct labor $83,520 actual, $84,010 budget; manufacturing overhead $52,310 actual, $50,410 budget. Machining Department—Dallas: Total manufacturing costs $224,620 actual, $218,390 budget. Atlanta Plant: Total manufacturing costs $424,810 actual, $421,970 budget. Tucson Plant: Total manufacturing costs $495,580 actual, $497,880 budget. The Dallas plant manager’s office costs were $97,160 actual and $92,320 budget. The vice president of production’s office costs were $135,620 actual and $134,340 budget. Office costs are not allocated to departments and plants.

(a)

To Dallas Department Manager—Finishing

Month: July

Controllable Costs:

Budget

Actual

Favorable F
Unfavorable U
Neither Favorable
nor Unfavorable N

            Total

LINK TO TEXT

(b)

To Assembly Plant Manager—Dallas

Month: July

Controllable Costs:

Budget

Actual

Favorable F
Unfavorable U
Neither Favorable
nor Unfavorable N

            Total

LINK TO TEXT

(c)

To Vice President—Production

Month: July

Controllable Costs:

Budget

Actual

Favorable F
Unfavorable U
Neither Favorable
nor Unfavorable N

            Total

(a)

Your answer is correct. 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

Indirect LaborIndirect MaterialsManufacturing OverheadDirect MaterialsLubricantsMaintenanceDirect LaborUtilities

$

$

$

UNF

LubricantsUtilitiesManufacturing OverheadDirect MaterialsIndirect LaborIndirect MaterialsMaintenanceDirect Labor

NUF

Direct LaborUtilitiesManufacturing OverheadDirect MaterialsIndirect MaterialsMaintenanceIndirect LaborLubricants

FNU

            Total

$

$

$

NFU

LINK TO TEXT

Attempts: 1 of 3 used

Explanation / Answer

Solution:

Part B:

Part C:

To Dallas Department Manager - Finishing Dept Monthly - July Controllable costs Actual Budgeted    Direct materials $43,640 $45,010 $1,370 F    Direct labour 83,520 84,010     490 F    Manufacturing Overheads 52,310 50,410    -1,900 U

Related Questions

Navigate

• Browse (All)
• Browse E
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.