Business, 18.08.2020 16:01 SmokeyRN

The budget for Department 6 of Cardinal Company for the current month ending March 31 is as follows: Materials $208,000
Factory wages 265,000
Supervisory salaries 67,800
Depreciation of plant and equipment 35,000
Power and light 22,500
Insurance and property taxes 15,500
Maintenance 9,700
During March, the costs incurred in Department 6 of Cardinal Company were materials, $204,000; factory wages, $285,000; supervisory salaries, $63,600; depreciation of plant and equipment, $35,000; power and light, $21,360; insurance and property taxes, $14,400; maintenance, $9,456.
(a) Prepare a budget performance report for the supervisor of Department 6 of Cardinal Company for the month of March.
(b) Are there any significant variances (5% or greater) of the budgeted amounts that should be examined by the supervisor?

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The budget for Department 6 of Cardinal Company for the current month ending March 31 is as follows:...

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