Westhaven Company Has a Warehousing Unit Which Operates as a Cost

Essay

Westhaven Company has a warehousing unit which operates as a cost center. They prepare monthly performance reports. Actual and budget data for February are shown here:
$\begin{array}{|l|r|r|}\hline \text { Cost Center } & & \text { Flexible } \\\hline \text { Performance Report } & \text { Actual } & \text { Budget } \\\hline \text { Salary \& benefits } & \$ 119,000 & \$ 120,000 \\\hline \text { Rent expense } & 94,500 & 90,000 \\\hline \text { Depreciation expense } & 23,200 & 24,000 \\\hline \text { Supply expense } & 11,890 & 12,000 \\\hline \text { Miscellaneous expense } & 8,120 & 8,000 \\\hline & \$ 256,710 & \$ 254,000 \\\hline\end{array}$

Using the report format below, please complete the performance report.
$\begin{array}{|l|r|r|r|r|r|r|}\hline { \text { Cost Center } } & & \text { Flexible } & { \text { Flexible Budget } } & & & \\\hline { \text { Performance Report } } & { \text { Actual } } & \text { Budget } & { \text { Variance } } & \text { U/F } & \% \text { variable } & \text { U/F } \\\hline \text { Salary \& benefits } & \$ 119,000 & \$ 120,000 \\\hline \text { Rent expense } & 94,500 & 90,000 \\\hline \text { Depreciation expense } & 23,200 & 24,000 \\\hline \text { Supply expense } & 11,890 & 12,000 \\\hline \text { Other expense } & 8,120 & 8,000 \\\hline & \$ 256,710 & \$ 254,000 \\\hline\end{array}$