Question

In the Assembly Department of Concord Company, budgeted and actual manufacturing overhead costs for the month of April 2020 were as follows. Budget Actual Indirect materials $15,700 $15,100 Indirect labor 21,900 22,500 Utilities 10,100 10,900 Supervision 5,900 5,900 All costs are controllable by the department manager. Prepare a responsibility report for April for the cost center.

Answer 1

Answer: See explanation

Step-by-step explanation:

The responsibility report for April for the cost center is analysed below:

CONCORD COMPANY

Manufacturing Overhead Cost Responsibility Report For the Month Ended April 30, 2020

Controllable Cost Budget Actual.

Difference

Indirect materials $15,700 $15,100 $600 Favorable

Indirect labor 21,900 22,500 600 Unfavorable

Utilities 10,100 10,900 800 Unfavorable

Supervision 5,900 5,900 0