Budget Performance Report for a Cost Center Funderburk Tech Inc. sells electronics over the Internet. The Consumer Products Division is organized as a cost center. The budget for the Consumer Products...


Budget Performance Report for a Cost Center




Funderburk Tech Inc. sells electronics over the Internet. The Consumer Products Division is organized as a cost center. The budget for the Consumer Products Division for the month ended January 31 is as follows:







































Customer service salaries$628,870
Insurance and property taxes131,860
Distribution salaries1,003,190
Marketing salaries1,182,630
Engineer salaries962,380
Warehouse wages674,030
Equipment depreciation211,360
    Total$4,794,320


During January, the costs incurred in the Consumer Products Division were as follows:







































Customer service salaries$692,700
Insurance and property taxes126,780
Distribution salaries990,380
Marketing salaries1,248,010
Engineer salaries943,010
Warehouse wages647,030
Equipment depreciation211,150
    Total$4,859,060



Required:










1.Prepare a budget performance report for the director of the Consumer Products Division for the month of January. If an amount box does not require an entry, leave it blank.



Funderburk, Inc.Budget Performance Report—Director, Consumer Products DivisionFor the Month Ended January 31


































































ActualBudgetOver BudgetUnder Budget
Customer service salaries$fill in the blank$fill in the blank$fill in the blank$fill in the blank
Insurance and property taxesfill in the blankfill in the blankfill in the blankfill in the blank
Distribution salariesfill in the blankfill in the blankfill in the blankfill in the blank
Marketing salariesfill in the blankfill in the blankfill in the blankfill in the blank
Engineer salariesfill in the blankfill in the blankfill in the blankfill in the blank
Warehouse wagesfill in the blankfill in the blankfill in the blankfill in the blank
Equipment depreciationfill in the blankfill in the blankfill in the blankfill in the blan
Total$fill in the blank$fill in the blank$fill in the blank$fill in the blan





Jun 09, 2022
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