AB 239 Determine the equal, annual, endofyear payment/TUTORIALOUTLET AB 239 Determine the equal, annual, endofyear paym | Page 3

for the month of April 2017 were as follows.
Budget
Indirect materials
Indirect labor
Utilities
Supervision Actual $14,000
21,900
10,000
4,900 $13,300
22,800
10,600
4,900 All costs are controllable by the department manager.
Prepare a responsibility report for April for the cost center.
HANNON COMPANY
Assembly Department
Manufacturing Overhead Cost Responsibility Report
For the Month Ended April 30, 2017
Difference Controllable Cost Budget Favorable
Unfavorable
Neither Favorable
nor Unfavorable Actual
$ $ $ $ $ $ Don't show me this message again for the assignment Link
to Text Brief Exercise 24-8
For the year ending December 31, 2017, Cobb Company accumulates
the following data for the
Plastics Division which it operates as an investment center:
contribution margin—
$671,110 budget, $695,741 actual; controllable fixed costs—
$298,900 budget, $305,900 actual.
Average operating assets for the year were $1,959,000.
Prepare a responsibility report for the Plastics Division beginning
with contribution margin. (Round
ROI to 1 decimal place, e.g. 1.5.)
COBB COMPANY
Plastics Division
Responsibility Report
For the Year Ended December 31, 2017