14-01Pr_5e_s

Survey of Accounting (Available Titles Cengagenow)

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Problem 14-1 Name: Section: Score: 24% *Since some answer boxes are correct when left blank, the beginning score is greater than 0%. Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) wil appear in the row immediately to the right of an incorrect answer. 1. Budget Performance Report—Director, Truck Division For the Month Ended October 31, 2010 Budget Actual Over Budget Under Budget Customer service salaries Insurance and property taxes Distribution salaries Marketing salaries Engineer salaries Warehouse wages Equipment depreciation Total 2. Instructions
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Problem 14-1 Name: SOLUTION Section: Score: See student sheet for student's score Scoring: ON *Since some answer boxes are correct when left blank, the beginning score is greater than 0%. Answers are entered in the cells with gray backgrounds.
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Unformatted text preview: Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) wil appear in the row immediately to the right of an incorrect answer. 1. Budget Performance ReportDirector, Truck Division For the Month Ended October 31, 2010 Budget Actual Over Budget Under Budget Customer service salaries $260,450 $333,370 $72,920 0 Insurance and property taxes 54,600 52,960 0 $1,640 Distribution salaries 415,400 411,250 0 4,150 Marketing salaries 489,700 548,460 58,760 0 Engineer salaries 398,500 390,530 0 7,970 Warehouse wages 279,100 267,930 0 11,170 Equipment depreciation 87,500 87,500 0 0 Total $1,985,250 $2,092,000 $131,680 $24,930 2. The customer service and marketing salaries are significantly over budget and should be investigated. Instructions...
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This note was uploaded on 11/04/2011 for the course ACC 121 taught by Professor Thomas during the Winter '08 term at Baker MI.

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14-01Pr_5e_s - Cells with non-gray backgrounds are...

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