Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 438 Weeks Ago, 6 Days Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Business & Finance Posted 10 May 2017 My Price 8.00

Litwin Company uses a responsibility reporting system

P10-6A Litwin Company uses a responsibility reporting system. It has divisions in Denver, Seattle, and San Diego. Each division has three production departments: Cut- ting, Shaping, and Finishing. The responsibility for each department rests with a man- ager who reports to the division production manager. Each division manager reports to the vice president of production. There are also vice presidents for marketing and finance. All vice presidents report to the president.

In January 2011, controllable actual and budget manufacturing overhead cost data for the departments and divisions were as shown   below.

Manufacturing Overhead

 

Actual

 

Budget

Individual costs—Cutting Department—Seattle

 

 

 

 

Indirect labor

 

$  73,000

 

$  70,000

Indirect materials

 

47,700

 

46,000

Maintenance

 

20,500

 

18,000

Utilities

 

20,100

 

17,000

Supervision

 

22,000

 

20,000

 

 

$183,300

 

$171,000

Total costs

 

 

 

 

Shaping Department—Seattle

 

$158,000

 

$148,000

Finishing   Department—Seattle

 

210,000

 

206,000

Denver division

 

676,000

 

673,000

San Diego division

 

722,000

 

715,000

 

Additional overhead costs were incurred as follows: Seattle division production manager— actual costs $52,500, budget $51,000; vice president of production—actual costs $65,000, budget $64,000; president—actual costs $76,400, budget $74,200. These expenses are not allocated.

The vice presidents who report to the president, other than the vice president of pro- duction, had the following  expenses.

 

Vice President

 

Actual

 

Budget

Marketing

 

$133,600

 

$130,000

Finance

 

109,000

 

105,000

 

 

Instructions

(a)   Using the format on page 451, prepare the following responsibility reports.

(1)   Manufacturing overhead—Cutting Department manager—Seattle division.

(2)   Manufacturing overhead—Seattle division manager.

(3)   Manufacturing overhead—vice president of production.

(4)   Manufacturing overhead and expenses—president.

(b)   Comment on the comparative performances of:

(1)   Department managers in the Seattle division.

(2)   Division managers.

(3)   Vice presidents.

 

 

Answers

Alpha Geek
(8)
Status NEW Posted 10 May 2017 02:05 PM My Price 8.00

-----------

Attachments

file 1494428518-Answer.docx preview (385 words )
P-----------10------------6A -----------Lit-----------win----------- Co-----------mpa-----------ny -----------use-----------s a----------- re-----------spo-----------nsi-----------bil-----------ity----------- re-----------por-----------tin-----------g s-----------yst-----------em.----------- It----------- ha-----------s d-----------ivi-----------sio-----------ns -----------in -----------Den-----------ver-----------, S-----------eat-----------tle-----------, a-----------nd -----------San----------- Di-----------ego-----------. E-----------ach----------- di-----------vis-----------ion----------- ha-----------s t-----------hre-----------e p-----------rod-----------uct-----------ion----------- de-----------par-----------tme-----------nts-----------: C-----------ut------------ ti-----------ng,----------- Sh-----------api-----------ng,----------- an-----------d F-----------ini-----------shi-----------ng.----------- Th-----------e r-----------esp-----------ons-----------ibi-----------lit-----------y f-----------or -----------eac-----------h d-----------epa-----------rtm-----------ent----------- re-----------sts----------- wi-----------th -----------a m-----------an------------ ag-----------er -----------who----------- re-----------por-----------ts -----------to -----------the----------- di-----------vis-----------ion----------- pr-----------odu-----------cti-----------on -----------man-----------age-----------r. -----------Eac-----------h d-----------ivi-----------sio-----------n m-----------ana-----------ger----------- re-----------por-----------ts -----------to -----------the----------- vi-----------ce -----------pre-----------sid-----------ent----------- of----------- pr-----------odu-----------cti-----------on.----------- Th-----------ere----------- ar-----------e a-----------lso----------- vi-----------ce -----------pre-----------sid-----------ent-----------s f-----------or -----------mar-----------ket-----------ing----------- an-----------d f-----------ina-----------nce-----------.
Not Rated(0)