Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac

Exercise 26

Budget performance report for a cost center
Valotic 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, 2016, is as follows (in thousands):

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

Instructions
1. Prepare a budget, performance report for the director of the Consumer Products Division for the month of January.
2. For which costs might the doctor be expected to request supplemental reports